Shiba Inuis currently teetering on the edge of one of its worst performances this year. The recent plunge below the 50-day EMA signals a dangerous shift in sentiment for this highly speculative asset. SHIB is now trading at around $0.00001333 USDT, down over 4% in the past 24 hours alone.
The breakdown below the 50 EMA is particularly concerning because it confirms the loss of short-term bullish momentum that had previously supported the coin’s attempts at recovery. The 50 EMA had been acting as a dynamic support level for weeks, holding the price up against increasing bearish pressure. Now that it has given way, the path is open for further downside.
The next major support level sits around $0.00001280, followed by early-year lows around $0.00001120 USDT. If SHIB fails to find footing at these levels, it could easily test the $0.00001000-$0.00000900 zone, marking a return to the lowest price levels seen in recent memory. That would not only erase all the momentum built up over the past few months but could also trigger panic selling as confidence evaporates.
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Adding to the bearish scenario is the RSI, which is already sinking below 41, a clear sign of weakening demand and growing selling pressure. Furthermore, the 100 EMA (orange) and the 200 EMA remain firmly overhead, effectively capping any short-term recovery rallies.
Volume is also telling a grim story. Despite the sharp decline, we are not seeing a spike in buying volume — indicating that there is no immediate rush to “buy the dip.” This leaves SHIB vulnerable to further breakdowns, particularly if broader crypto markets remain under pressure.
Overall, SHIB’s chart paints a picture of an asset in deep trouble. With the 50 EMA support lost, momentum gone and critical support levels within striking distance, SHIB investors should brace themselves for what could be an ugly and painful continuation of this downtrend. Without a serious influx of bullish interest, the remainder of 2025 could prove brutal for SHIB’s price performance.
