SHIB Price Analysis: Bearish Channel Still Dominates Despite 5% Bounce—Can Shiba Inu Break $0.00000988 Resistance?

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SHIB Price Analysis: Bearish Channel Still Dominates Despite 5%...

Dimitar Todorov
3 December, 2025, 16:49
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Shiba Inu Price Recovers 5% but Bearish Structure Remains — Can SHIB Break the Downtrend Channel?

Shiba Inu (SHIB) is trading near $0.00000888 after posting a 5% intraday recovery, lifting the price back toward the midline of a multi-month descending channel. While the rebound gives bulls a brief edge, the broader market structure remains decisively bearish as key resistance levels and weak spot flows continue to suppress momentum.

Downtrend Channel Still Dominates SHIB’s Price Action

The daily chart shows Shiba Inu firmly contained within a descending channel that has governed price action since Q2. Despite the recent bounce, SHIB remains below all major exponential moving averages — the 20, 50, 100, and 200-day EMAs — signaling persistent overhead pressure.

Key resistance cluster: $0.00000941 – $0.00001175

This zone forms a dense ceiling of supply. A breakout above it is necessary to challenge the upper channel boundary and begin reversing the macro trend.

The mid-channel resistance near $0.00000988 is where SHIB repeatedly stalled throughout September and October. Until bulls clear this level, any recovery remains a reaction inside a broader downtrend rather than a new trend.

Support level to watch: $0.00000650

This lower channel boundary has been defended multiple times. Holding above it maintains a controlled decline; losing it raises the risk of accelerated downside.

The RSI has recovered toward 50 but shows limited momentum — suggesting stabilization, not a confirmed reversal.

Short-Term Charts Show Early Strength — but No Confirmation Yet

On the 4-hour timeframe, Shiba Inu has broken above short-term Supertrend resistance around $0.00000826. Additionally, the Parabolic SAR has flipped bullish as dots appear below price — a constructive signal.

However, the move is not yet forceful enough to confirm a structural trend change.

Immediate resistance: $0.00000897 – $0.00000910

TRON (TRX) Bear Alert: Ascending Channel Break Exposes $0.18 Target as Price Retests $0.30 Resistance

A decisive breakout above this zone may force short-term sellers to cover and could ignite a move toward the critical $0.00000988 level.

For now, intraday rallies remain susceptible to pullbacks until SHIB can establish a higher high above key resistance.

Higher low structure intact — for now

The latest recovery has formed a higher low, which is a bullish sign. But: Losing $0.00000826 invalidates this short-term bullish pattern.

Spot Flows Remain Weak Despite Price Bounce

Spot flow data from Coinglass shows a modest $351,000 net inflow on December 3 — a rare positive reading amid a multi-month streak of persistent outflows since late August.

While inflows during a recovery can be encouraging, the volume is far too small to indicate meaningful accumulation or strong investor conviction.

Shiba Inu Price Outlook — Will SHIB Go Up?

Shiba Inu has staged a clean short-term technical recovery, supported by Supertrend and Parabolic SAR flips. Yet the move remains unconfirmed due to weak flows and the dominant macro downtrend.

Bullish Scenario

A breakout becomes credible if SHIB:

Clears $0.00000988, and
Secures a daily close above $0.00001100

This would break the descending channel and open the door toward:

$0.00001350
$0.00001500

Bearish Scenario

If resistance holds:

SHIB likely pulls back toward $0.00000826
Losing that level exposes $0.00000650 A breakdown below $0.00000650 confirms continuation of the larger downtrend.

Dimitar Todorov publication: "SHIB Price Analysis: Bearish Channel Still Dominates Despite 5% Bounce—Can Shiba Inu Break $0.00000988 Resistance?" was written for 24crypto.news