While most of the crypto market is breathing a sigh of relief thanks to Trump’s tariff pause and accommodative Fed messaging, Shiba Inu’s chart tells a different story. SHIB’s price action suggests a serious risk of a bearish breakdown—with analysts warning of a 50% drop on the horizon.
SHIB has clawed its way up to $0.000012 after dipping to just over $0.000010 last week. But despite this short-term bounce, the broader picture remains bleak. Since late 2024, Shiba Inu has been grinding lower, capped by resistance from key moving averages and stuck beneath a persistent downtrend line.
Worse still, the token has formed a descending triangle—a textbook warning sign of an impending breakdown. If SHIB drops below the $0.000010 support level, a quick fall to $0.000006 is possible.
Although macro signals have turned slightly bullish, the market remains fragile. Any deterioration in U.S. data or a shift back to recession fears could hit speculative assets hard. And historically, meme coins are among the first to feel the pressure.
That said, for risk-tolerant investors, a crash could offer long-term opportunity. If SHIB revisits 2023 lows, it might be an attractive entry point. With Trump championing crypto adoption and the potential for future liquidity injections, SHIB’s long-term path still holds promise—provided you can stomach the ride.