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- SHIB is holding above a crucial support level as momentum indicators flatten.
- Whale-driven exchange outflows suggest reduced sell-side pressure.
- A breakout above $0.00000900 could open a move toward the 200-day EMA.
Shiba Inu (SHIB) is showing early signs of a potential trend shift as technical indicators align with notable changes in on-chain behavior. After weeks of muted price action, SHIB has stabilized above a critical support zone, while whale-driven exchange outflows suggest a tightening supply environment that could amplify future moves.
At the time of writing, SHIB trades near $0.00000870, holding above a level that has quietly become pivotal for short-term direction.
Moving Average Crossover Signals Early Momentum Shift
One of the most closely watched technical signals in SHIB’s current setup is the 23-day simple moving average approaching a crossover above the 50-day SMA. While not a confirmation on its own, this pattern has historically marked early trend reversals when price structure remains intact.
A similar configuration appeared in October, shortly before SHIB posted a sharp rally. This time, price is consolidating rather than surging, but the ability to hold higher lows suggests sellers are losing momentum rather than accelerating control.
Whale Activity Drains Exchange Liquidity
On-chain data adds another layer to the bullish case. Since early December, exchanges have recorded a net outflow of roughly 80 trillion SHIB, with total exchange balances dropping significantly.
This behavior typically reflects investor preference for holding rather than selling, especially among large holders who tend to move tokens off exchanges ahead of longer-term positioning. Reduced exchange liquidity doesn’t guarantee a rally, but it often increases volatility once demand returns.
SHIB Price Structure Holds a Critical Line
From a broader chart perspective, SHIB remains inside a descending channel that has guided price since the 2024 highs. Importantly, price is now hovering near the lower boundary of that channel, where downside momentum has begun to flatten.
Repeated attempts to break below $0.00000810 have failed so far. As long as that level holds on a daily closing basis, the current structure remains valid. A confirmed break below it would weaken the setup and open room toward the $0.00000660 demand zone.
On the upside, $0.00000900 stands as the final near-term barrier. A clean break above it would expose the 200-day EMA near $0.00001054, representing roughly a 22% move from current levels.
While SHIB is attempting to regain momentum, broader meme coin interest is increasingly shifting toward newer projects with stronger community mechanics. Presales like Maxi Doge ($MAXI) are gaining traction by emphasizing trader collaboration, shared strategies, and structured incentives rather than pure speculation.
This evolving landscape suggests that while SHIB may still deliver tactical opportunities, the next major meme coin breakout could come from projects built around engagement and utility rather than brand recognition alone.
Also Read: Shiba Inu Explodes With Whale Activity Just as Trump’s Tariff Case Threatens Global Markets
Shiba Inu’s current setup reflects a market at equilibrium rather than exhaustion. Technical signals are improving, whale behavior is reducing sell-side pressure, and price remains above a clearly defined invalidation level. Whether this develops into a sustained rally will depend on SHIB’s ability to reclaim higher resistance levels — but for now, the groundwork for a meaningful move appears to be forming.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
