{"id":3355,"date":"2025-02-28T19:13:06","date_gmt":"2025-02-28T19:13:06","guid":{"rendered":"https:\/\/coinsvalue.net\/blog\/shiba-inu-bears-roar-will-shib-hit-0-00001272-amid-market-sell-off\/"},"modified":"2025-02-28T19:13:06","modified_gmt":"2025-02-28T19:13:06","slug":"shiba-inu-bears-roar-will-shib-hit-0-00001272-amid-market-sell-off","status":"publish","type":"post","link":"https:\/\/coinsvalue.net\/blog\/shiba-inu-bears-roar-will-shib-hit-0-00001272-amid-market-sell-off\/","title":{"rendered":"Shiba Inu Bears Roar: Will SHIB Hit $0.00001272 Amid Market Sell-Off?"},"content":{"rendered":"<p>Shiba Inu is under mounting pressure, bringing the key $0.00001272 support level into focus. After multiple failed attempts to reclaim higher levels, sellers have tightened their grip, pushing SHIB toward a potential breakdown.\u00a0<\/p>\n<p>The declining buying interest and growing bearish sentiment suggest that a decisive move below this support could open the door for a deeper correction, reinforcing a more bearish outlook for the meme coin. If bulls fail to step in and defend this critical zone, SHIB could see increased volatility, with lower support levels coming into play.\u00a0<\/p>\n<p>On the other hand, a strong rebound from this area may signal a potential shift in momentum, giving buyers a chance to regain control. As uncertainty looms, traders closely watch whether SHIB can hold firm or if the bears will push for a downside in the coming sessions.<\/p>\n<h2><strong>SHIB Price Dips Further, Is A Breakdown Imminent?<\/strong><\/h2>\n<p>After a steady upward move, Shiba Inu encountered strong resistance, halting its bullish performance and triggering a renewed wave of selling pressure. This rejection has intensified the bearish sentiment, driving SHIB\u2019s price downward toward the critical $0.00001272 support level.\u00a0<\/p>\n<p>SHIB&#8217;s inability to sustain gains above key resistance suggests that sellers remain in control, further reinforced by SHIB\u2019s continued trade below the 100-day Simple Moving Average (SMA). With the price struggling to regain strength, the risk of a deeper decline looms, as a confirmed breakdown below this support might accelerate losses and push SHIB into a more extended downtrend.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-large wp-image-704514\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/02\/WhatsApp-Image-2025-02-28-at-10.42.47-AM.jpeg?w=860&#038;resize=860%2C382\" alt=\"Shiba Inu\" width=\"860\" height=\"382\" loading=\"lazy\" \/><\/p>\n<p>The current fresh decline in SHIB\u2019s price is being bolstered by the MACD indicator, which signals growing bearish momentum. The MACD line is trending below the signal line, a classic sign that sellers are in control and that downward pressure is increasing. <\/p>\n<p>Additionally, the histogram is expanding in the negative zone, confirming the dominance of a bearish sentiment. If this trend persists, combined with SHIB\u2019s ongoing price action below the 100-day SMA, it could trigger a breakdown beneath the critical $0.00001272 support level.\u00a0<\/p>\n<h2><strong>Potential Rebound Levels For Shiba Inu<\/strong><\/h2>\n<p>Shiba Inu is currently testing key support zones that could serve as potential rebound levels. The first major level to watch is $0.00001272, a critical support zone where buyers may attempt to step in and defend against more losses. Should SHIB hold above this level, it would cause a short-term rebound, driving the price toward higher resistance areas.<\/p>\n<p>However, if selling pressure persists and SHIB closes below $0.00001272, the next key support to monitor is $0.00000847. This level represents a stronger demand zone, where a more significant recovery could take place as buyers regain control.\u00a0<\/p>\n<p>A successful bounce from this area indicates a shift in momentum, providing SHIB the opportunity to recover lost ground. For a sustained bullish reversal, SHIB needs to establish strong support at these levels and reclaim key moving averages to regain investor confidence.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/AnZTAsqU\/\" alt=\"Shiba Inu\" width=\"2144\" height=\"1164\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shiba Inu is under mounting pressure, bringing the key $0.00001272 support level into focus. After multiple failed attempts to reclaim higher levels, sellers have tightened their grip, pushing SHIB toward a potential breakdown.\u00a0 The declining buying interest and growing bearish sentiment suggest that a decisive move below this support could open the door for a&hellip;<\/p>\n","protected":false},"author":1,"featured_media":3356,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[351],"tags":[1695,1858,38,352,353,39,354,355,356,357,131,132],"class_list":["post-3355","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-shiba-inu","tag-macd","tag-moving-average-convergence-divergence","tag-shib","tag-shib-news","tag-shib-price","tag-shiba-inu","tag-shiba-inu-news","tag-shiba-inu-price","tag-shibusd","tag-shibusdt","tag-simple-moving-average","tag-sma"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/3355","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=3355"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/3355\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/3356"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=3355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=3355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=3355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}