Weekly chart shows rare death cross forming between 50-day and 200-day moving averages.
SHIB price struggles near $0.00001, failing to retest key resistance levels.
Technical setup suggests extended bearish pressure and potential for long-term downtrend.
Shiba Inu — SHIB, might be heading into uncharted territory, and the charts are screaming caution. A rare technical pattern is forming on SHIB’s weekly timeframe, something traders have never seen before on Binance’s chart. The 50-day and 200-day moving averages are close to crossing. If they do, we’ll see a dreaded death cross. That signal often warns of long-term bearish pressure, especially when it shows up on a higher timeframe like this one.
https://twitter.com/Utoday_en/status/1939314994346160302 A First for Shiba Inu—And It’s Not Bullish
Daily death crosses aren’t unusual. Traders spot them all the time. But this one’s different. A death cross on the weekly chart carries far more weight. It rarely appears, and when it does, it often means trouble. For Shiba Inu, this signal comes after its full cycle top and a slow, painful bleed through most of 2025. The 50-day moving average has started sloping downward. It now approaches the 200-day line from above. If the lines cross, the chart confirms the bearish pattern. What makes this more concerning is the timing. SHIB has already lost major momentum. It now struggles to even bounce from key support.
Price action looks weak near $0.00001. Although SHIB printed a small green candle near $0.00001162, bulls still seem hesitant. There’s little strength behind the recovery. Traders appear nervous, unsure whether support will hold or collapse under pressure. Worse yet, the price hasn’t come close to touching the moving averages above. Both the 50 and 200 MAs sit far away, forming a thick ceiling. They now act as firm resistance. That gap shows just how much ground SHIB has lost in recent months.
Death Cross Could Flip Market Sentiment
This possible death cross marks a turning point. If the lines cross, Shiba Inu enters a phase it has never experienced before. The last time SHIB flirted with this pattern, it was in early consolidation. Now, the crypto market looks entirely different. The hype has faded. Sentiment feels cold.
Technical traders often treat this kind of crossover as a serious sell signal. While not guaranteed to spark a crash, it warns of extended weakness. And for a token like SHIB, often driven by emotion and buzz, that kind of technical signal hits hard.
Investors now face a critical moment. The charts flash red. The clock ticks. And SHIB stands on a technical cliff. If the crossover confirms, it might push price into deeper waters. Until then, the smart move is to watch closely and prepare for whatever comes next.
