Market Overview and SHIB's Unusual Stability
In the last 24 hours, the cryptocurrency market has experienced a revolution, with most assets reacting violently, but Shiba Inu (SHIB) surprises with remarkably flat behavior. The chart of this asset shows practically no movement; in fact, it trades at an unmoving $0.00000859, an extreme calm that seems like a sign of disinterest.
However, a deeper Shiba Inu price analysis today suggests that the market is taking a critical breath before a significant and directional move.
Currently, SHIB’s trading volume is around 258 billion, a figure that, while not high, does not indicate total inactivity either. Compared to the 30-day average volume, which reaches 1.38 trillion, it is evident that this stabilization is not due to a liquidity freeze, but rather a deliberate pause by market participants.
This compression, occurring after weeks of uninterrupted selling and a failed recovery attempt, could signal two crucial technical scenarios for the future of the memecoin.
Consolidation or Exhaustion: The Two Key Scenarios for SHIB
One primary interpretation of this low volatility is bearish exhaustion. The absence of downside continuation is significant. Over the last month, sellers hit SHIB hard, but the returns from each wave of sales have decreased. The Relative Strength Index (RSI) has risen slightly into the mid-40s; it is no longer oversold and is consistent with a market looking to establish a base.
A second option is that the bulls are probing the ground. Although there isn’t aggressive buying yet that would cause a “V-shaped” recovery, there is enough support to prevent the decline from worsening.
Because SHIB remains below the 50, 100, and 200 Exponential Moving Average (EMA) cluster, any upward movement will encounter layered resistance between $0.00000990 and $0.00001050, indicating that the technical structure remains bearish.
In the short term, the Shiba Inu price analysis today suggests that the immediate reality will be range trading. The memecoin is likely to fluctuate in a narrow range between $0.00000800 and $0.00000900 before selecting a direction.
A true trend reversal will only be verified if key resistance levels are broken and, fundamentally, if the trading volume surpasses the 30-day average. The current low volatility is the calm before the storm; a price expansion could be near.