Key Insights:
- Shiba Inu’s trading volume has dropped by over 60% since October, signaling weakening investor engagement and falling liquidity.
- The token remains below its 100-day and 200-day moving averages, limiting recovery prospects despite minor short-term uptrends.
- Market indicators reveal neutral-to-bearish momentum, with the $0.0000090 level acting as the final key support before deeper declines.
Shiba Inu’s trading activity continues to shrink as volume on major exchanges plunges, signaling a troubling slowdown for the once-vibrant meme token. The token is trading around $0.0000102, showing minimal momentum after October’s steep decline. Despite a slight recovery attempt, market participation has weakened further.
Volume levels have fallen by more than 60% since early October, according to market data. This decline has left SHIB in a fragile position, with low liquidity making price movements increasingly unreliable. The token’s trading range has narrowed, reflecting a lack of investor engagement and a fading speculative drive that once fueled its rallies.
Price Stagnation Persists Below Key Resistance
Shiba Inu remains trapped beneath major resistance points at the 100-day and 200-day moving averages, placed at $0.0000113 and $0.0000128, respectively. Although the token follows a short-term ascending trendline on the daily chart, it has failed to generate significant buying interest. The absence of strong inflows suggests that traders remain cautious, preferring to stay on the sidelines amid subdued sentiment.
Technically, SHIB maintains a weak structure. The Relative Strength Index stands at 45, highlighting neutral-to-bearish momentum. The nearest critical support lies at $0.0000090, and any break below this could open the door for a further decline toward $0.0000075. Analysts note that this technical setup points to continued vulnerability in the absence of renewed volume or broader market support.
Liquidity Concerns Deepen as Participation Wanes
Falling volume signals not only reduced investor enthusiasm but also a more illiquid trading environment. Smaller orders now have a greater impact on prices, raising the risk of sudden volatility spikes. Moreover, the lack of consistent trading activity has made upward moves difficult to sustain, limiting the potential for any meaningful rebound in the near term.
The persistent drop in volume and declining interest underscore a critical phase for Shiba Inu. Without a clear catalyst to restore participation, the token risks prolonged stagnation. While the broader market shows occasional optimism, SHIB’s muted performance highlights the growing challenges for sentiment-driven assets in low-liquidity conditions.
