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Shiba Inu (SHIB), once considered one of the most promising meme coins, is now facing intense selling pressure and a prolonged downtrend. After hitting impressive highs, SHIB has gradually lost momentum, slipping into a bearish phase. Currently trading at $0.00001215, SHIB price is struggling to maintain key support levels, raising concerns among investors.
With the market sentiment turning negative, many are asking: Will Shiba Inu price crash to zero, or is a major recovery still possible? Let's analyze SHIB’s technical indicators, support zones, and potential breakout scenarios to determine whether the meme coin can still stage a comeback.
SHIB’s price action suggests that it has entered a strong bearish cycle, with consecutive lower highs and lower lows on the daily chart. Since peaking at $0.000032, SHIB has steadily lost ground, now hovering near multi-month lows.
The consistent downtrend structure signals that buyers are not stepping in with enough volume, allowing sellers to dominate. If this trend continues, SHIB could face even steeper declines, increasing the risk of a long-term downtrend.
A crucial factor to watch is Shiba Inu’s Relative Strength Index (RSI), which indicates whether an asset is overbought or oversold.
Although an oversold RSI increases the probability of a short-term rally, it does not guarantee a long-term recovery, especially if the broader market remains bearish.
The Moving Average Convergence Divergence (MACD) indicator helps assess momentum strength and trend direction.
For a bullish trend reversal, SHIB’s MACD line must cross above the signal line, which has not happened yet. Until this occurs, the bearish trend is expected to continue.
Shiba Inu is now at a make-or-break level, with critical support zones being tested.
At present, SHIB price is closer to breaking support than attempting a recovery, suggesting that further downside is more likely unless buyers step in with significant volume.
The biggest concern for investors is whether SHIB will continue falling or manage to stage a comeback.
Shiba Inu is at a critical decision point. If it fails to hold $0.00001200, a major crash could occur, taking it down another 20-30%. The RSI suggests a possible bounce, but with a weak MACD and bearish price structure, SHIB’s downtrend remains intact.
For short-term traders, buying at key support zones could offer quick gains if a relief rally happens. However, for long-term holders, it is crucial to wait for bullish confirmations, such as MACD crossovers and higher highs, before expecting a sustained uptrend.
If Shiba Inu does not show strong bullish momentum soon, its price could continue bleeding downward—potentially toward zero in the worst-case scenario.
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