Shiba Inu Market Analysis: Mixed Signals Between Selling Pressure and Equilibrium Points

The trading session for SHIB has provided clear clues about the current market condition. In the last 24 hours, the token dropped approximately 4.1%, trading around $0.000007812. The fluctuation range between $0.000007754 and $0.000008215 reflects an intense battle: buyers attempted to push the price higher, but selling pressure prevailed, leaving buying interest concentrated at lower levels. The trading volume reached $131.67 million in 24 hours, demonstrating significant market participation. On a weekly basis, SHIB has recorded a decline of about 9%, raising a crucial question: are we at a support floor or will liquidation waves continue to dominate?

Technical indicators reveal persistent bearish dynamics

Looking at the hourly chart, SHIB remains below the 7-period smoothed moving average (SMMA), positioned near $0.00000784. This SMMA maintains a downward trajectory and acts as a dynamic resistance that limits rebounds. As long as the price does not close and consolidate above this critical level, any recovery attempts will face significant barriers.

The Chande Momentum Oscillator indicates -34, showing that although recent price action has stabilized, sellers still hold the advantage. A constructive change would be for this oscillator to cross above zero, indicating that selling pressure is easing and buyers are beginning to regain ground.

The strength of the current trend is notable: the ADX (14) is around 38. Although ADX does not determine direction by itself, readings above 25 indicate strong trends. In this context, since SHIB is below the descending SMMA with negative momentum, the ADX level supports the idea that even in temporary pauses, overall bearish pressure remains robust.

Critical levels on the horizon

Potential support is located between $0.00000775 and $0.00000780. If this zone gives way, sellers could target $0.00000770. On the upside, initial resistance is at $0.00000784 (coinciding with the SMMA), followed by the recent retracement zone between $0.00000790 and $0.00000793.

Capital flows: outflows continue to be the dominant pattern

SHIB futures flow data reveal sustained caution among traders. In the last 12 hours, capital inflows amounted to $4.86 million, while outflows reached $5.10 million, resulting in a net outflow of approximately $235,800. The net change indicator is positive at 83.95%, but the absolute value remains negative, suggesting that although the recent bearish phase has eased, it has not yet turned into net demand.

Regarding market capitalization, the net inflow is slightly negative at 0.0051%. Over 24 hours, the imbalance is more evident: inflows of $12.97 million versus outflows of $14.67 million, generating a net outflow of $1.7 million. The net change rate reached -37.27%, and the net inflow/market cap ratio dropped to 0.037%, indicating that the volume of outflows is higher compared to shorter periods and open positions are weaker.

Extending the analysis to three days, the pattern remains consistent. Total inflows were $22.57 million versus outflows of $25.87 million, leaving a net outflow of $3.3 million. Although the net change is only 0.61% (almost balanced), the accumulated net inflows over 12 hours, 24 hours, and 3 days are all negative, indicating that traders overall are reducing positions rather than increasing them. This pattern will continue to be the key metric to monitor: any significant change or reversal toward positive flows could mark a turning point in market dynamics.