{"id":5115,"date":"2025-06-02T18:13:11","date_gmt":"2025-06-02T18:13:11","guid":{"rendered":"https:\/\/coinsvalue.net\/blog\/shiba-inu-crash-to-calm-is-shib-forming-a-base-below\/"},"modified":"2025-06-02T18:13:11","modified_gmt":"2025-06-02T18:13:11","slug":"shiba-inu-crash-to-calm-is-shib-forming-a-base-below","status":"publish","type":"post","link":"https:\/\/coinsvalue.net\/blog\/shiba-inu-crash-to-calm-is-shib-forming-a-base-below\/","title":{"rendered":"Shiba Inu Crash To Calm \u2013 Is SHIB Forming A Base Below?"},"content":{"rendered":"

Shiba Inu (SHIB) recently endured a sharp sell-off, plummeting from $0.00001500 to $0.00001250 between May 29-30, evident in the volume spike during the drop. However, the subsequent slower recovery and declining volume suggest the meme coin<\/a> may now be entering a consolidation phase, quietly forming a potential base below recent highs.<\/p>\n

A Breakdown Of The May 29-30 Drop<\/h2>\n

According to a recent bearish trend.<\/p>\n

From a technical standpoint, the chart reveals a sharp price drop between May 29 and May 30, where SHIB fell swiftly from the $0.00001500 region down to $0.00001250. This sudden decline points to intense selling pressure, likely driven by broader market uncertainty or profit-taking. However, the price has since found some footing, showing early signs of stabilization and potential consolidation in the lower range.<\/p>\n

\"Shiba<\/p>\n

During the steep decline, volume analysis shows a notable spike in trading activity, suggesting panic selling or large-scale exits by holders. However, volume has tapered off following the drop, which often signals that selling activity is cooling down.<\/p>\n

Overall, Shiba Inu appears to be hovering in a consolidation zone, and key support or resistance levels must be tested before the next major move unfolds. Whether the market will witness a bounce or further breakdown could depend on broader sentiment and if buyers step back in with conviction.<\/p>\n

Support And Resistance In Shiba Inu’s Recent Performance<\/h2>\n

Crypto Man MAB observed that SHIB has found short-term support around $0.00001250 after its recent drop, suggesting selling pressure has eased. Meanwhile, key resistance sits between $0.00001350 and $0.00001400, where Shiba Inu previously struggled to move higher.<\/p>\n

The 24-hour price range remains tight, fluctuating between $0.00001257 and $0.00001308. However, the sharp decline seen earlier still signals caution, especially with volume dropping off during the consolidation phase. Overall, the sentiment stays bearish. Without a clear reversal or breakout, the current trend favors the bears, and further downside risk can’t be ruled out.<\/p>\n

In conclusion, the analyst noted that Shiba Inu remains in a bearish trend, currently consolidating near the $0.00001250 support. A breakout above $0.00001350 could signal renewed bullish momentum, while a drop below $0.00001250 may lead to further downside. Monitoring volume and overall market sentiment is key to confirming the next move.<\/p>\n

\"Shiba<\/p>\n","protected":false},"excerpt":{"rendered":"

Shiba Inu (SHIB) recently endured a sharp sell-off, plummeting from $0.00001500 to $0.00001250 between May 29-30, evident in the volume spike during the drop. However, the subsequent slower recovery and declining volume suggest the meme coin may now be entering a consolidation phase, quietly forming a potential base below recent highs. A Breakdown Of The…<\/p>\n","protected":false},"author":1,"featured_media":5116,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[351],"tags":[2595,2596,38,352,353,39,354,355,356,357],"class_list":["post-5115","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-shiba-inu","tag-crypto-man-mab","tag-profit-taking","tag-shib","tag-shib-news","tag-shib-price","tag-shiba-inu","tag-shiba-inu-news","tag-shiba-inu-price","tag-shibusd","tag-shibusdt"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/5115","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=5115"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/5115\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/5116"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=5115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=5115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=5115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}