Shiba Inu Price Prediction: SHIB Pulls Back After Rally as Key Support Is Tested

Source: CryptoNewsNet Original Title: Shiba Inu Price Prediction: SHIB Pulls Back After Rally as Key Support Is Tested Original Link: Shiba Inu ($SHIB) is showing signs of consolidation after an aggressive upside move earlier this week. Following a strong breakout from the lower range, SHIB price surged into a major resistance zone before facing rejection, triggering a short-term pullback.

At the time of analysis, SHIB is trading around $0.00000877, stabilising above a critical horizontal support area as the broader crypto market pauses.

SHIB Coin Technical Analysis: Key Levels to Watch

Based on the 4-hour chart, SHIB recently broke out from a long consolidation range and rallied sharply toward upper resistance.

Key levels from the chart:

Immediate Support:

• $0.00000868 – short-term horizontal support
• $0.00000668 – major range support if downside accelerates

Resistance Zones:

• $0.00000963 – first resistance zone
• $0.00001022 – major resistance and previous rejection level

Price is currently holding just above the mid-range support, suggesting the move is more of a healthy pullback rather than a trend reversal — as long as support remains intact.

Momentum Outlook: Stochastic RSI Signals Oversold Conditions

The Stochastic RSI (3,3,14,14) on the 4H timeframe is deeply oversold, with values near the lower bound. Historically, similar conditions on SHIB have preceded short-term relief bounces.

This indicates:

• Selling pressure may be losing momentum
• A potential short-term bounce or consolidation phase is likely
• Strong continuation requires confirmation through volume and reclaiming resistance

Shiba Inu Price Prediction: What’s Next for SHIB?

Bullish scenario: If SHIB holds above $0.00000868 and momentum stabilises, a retest of $0.00000963 becomes likely. A confirmed breakout above this level could open the door for a move toward $0.00001022, which remains the key upside target.

Bearish scenario: If price loses $0.00000868 , SHIB could revisit the lower range near $0.00000668, where buyers previously stepped in aggressively.

For now, the structure still favours consolidation after expansion, not a full trend breakdown.