Shiba Inu (SHIB) is facing renewed pressure after a sharp intraday sell-off pushed the price into a critical technical area.
While the broader 30-day trend remains positive, short-term momentum has weakened, leaving traders focused on whether SHIB can reclaim an important Fibonacci level to prevent a deeper breakdown.
Shiba Inu Price Analysis
SHIB has declined 3.9% in the last 24 hours, falling from $0.00000841 to $0.00000807. The move was accompanied by a 108% surge in trading volume, a clear signal that volatility has returned to the market.
Meanwhile, over the past seven days, SHIB is down 4.8%, while the 14-day drawdown stands at 14.9% at the time of writing. These figures suggest sustained selling pressure rather than a single isolated move.
However, the bigger picture offers some balance. On a 30-day basis, SHIB remains up 8.6% per CoinGecko data, keeping the broader structure from fully turning bearish.
This tension between short-term weakness and longer-term resilience is what makes the current zone so important.
SHIB Price Structure Hinges on Key Fibonacci Levels
Technically, SHIB is holding above the 0.786 Fibonacci retracement at $0.0000075162 and the 0.618 Fibonacci level at $0.0000080620 at press time. These levels are acting as near-term supports, with buyers stepping in to defend the zones.
As long as SHIB trades around this level, its price structure will stay fragile. However, a daily close above the 0.618 Fibonacci would signal that buyers have regained control, opening the door toward $0.0000084455 (0.5 Fib) and $0.0000088289 (0.382 Fib).
On the other hand, failure to reclaim 0.618 Fib would increase the risk of repeated tests of the 0.786 Fib level and a potential slide toward the previous swing low.
Volatility metrics also support the idea that SHIB is in a decision phase. The 20-day standard deviation (STDEV) has dropped to 0.000000558, down from levels seen during the early-January rebound.
This decline suggests momentum is cooling rather than accelerating. A renewed expansion in volatility would likely follow any confirmed breakout above the 0.618 level, providing additional confirmation of directional strength.
Shiba Inu Price Prediction as Futures Flows Show Mixed Performance
The Shiba Inu futures flows paints a mixed picture across time frames. Per Coinglass data, short-term flows appear to regain momentum, with the 1-hour timeframe showing a 295% surge in net inflows. The 4-hour window also remains strong, despite recording an inflow of $185.1K, reflecting a 478% gain.
Notably, the 8-hour timeframe recorded a dramatic 225.9% surge in net inflows ($300.96K), hinting at speculative positioning or aggressive dip-buying. However, this optimism fades on higher time frames.
While the 12-hour period recorded net inflows of $83.51K, the 24-hour period netted a $2.04 million net outflow, reflecting 1071% decline. Across three days, SHIB shows a modest net outflow of $3.1 million compared to a 5-day net outflow of $5.65 million, suggesting selling pressure is slowing but not fully exhausted.
In the meantime, the Shiba Inu price is balanced between support and weakness. Holding above the 0.786 Fib level would keep the structure intact, but only a decisive reclaim of the 0.618 Fib level will shift momentum back in favour of bulls. Until then, SHIB remains in a high-risk, high-attention zone.
