Shiba Inu is hovering around the $0.000012 level on Monday and remains sideways for nearly two months. SHIB has stagnated in price with little to no spurts in Q2 of 2025. The development is causing stress to investors as their portfolio is sinking to the red. In this article, we will highlight the resistance and support level for SHIB so you can make an informed decision. The dog-themed token is mostly bearish and traders need to watch out for several metrics and technical pointers.
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Shiba Inu: Resistance & Support Level for SHIB To Watch Out For
Shiba Inu’s price is moving around $0.00001183 to $0.00001228 on Monday and has declined nearly 15% in a month. The token has been volatile this year as it topped $0.000015 in March and $0.000017 in May. The fluctuation in price comes after the economic turmoil that engulfed global trade through Trump’s tariffs.
Support Level to Watch Out:
The next support level for Shiba Inu is at $0.00001309–$0.00001333, near 0.618 Fib retracement. If it holds on to the $0.00001333 support level, the next target for SHIB is at the $0.00001370 range. The hurdles to get there are aplenty as Trump’s 90-day pause on tariffs would end next month. Though he announced that an extension is possible, the markets could brace for turbulence and knee-jerk reactions.
Also Read: Shiba Inu: 2 Realistic Price Levels SHIB Could Hit By 2030
Key Resistance Levels:
On the downside, the key resistance level for Shiba Inu is at $0.0000136–$0.0000140 if it declines with higher highs and lower lows. A dip below the $0.000012 range could ignite a bearish pattern and a failure to bounce back remains strong. A stop loss at $0.000010 is recommended, as the flipside could prove costly in the current economic situation. It is advised to do thorough research before buying SHIB as the markets could be volatile next month.
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