Current Market Overview of Shiba Inu (SHIB)
Shiba Inu (SHIB) has faced significant bearish pressure in June 2025, with its price hovering near multi-week lows. As of late June, SHIB trades at $0.00001150**, reflecting a daily decline of 1.35%. The failure to reclaim the **$0.00001400 resistance level in mid-May has led to a prolonged downtrend, marked by consistent seller dominance.
Key Technical Levels:
- Immediate Resistance (R1): $0.00001250
- Pivot Point (PP): $0.00001196
- Support 1 (S1): $0.00001064
- Support 2 (S2): $0.00000986
👉 Track real-time SHIB price movements
Is SHIB Oversold or Primed for Further Decline?
The Relative Strength Index (RSI) at 40.11 suggests a bearish but not oversold market. Early signs of bullish divergence hint at a potential short-term reversal if RSI climbs above 50. However, failure to hold S1 could accelerate losses toward $0.00000986.
Probability of SHIB Dropping to Zero:
- Market Cap Buffer: SHIB’s $6B+ valuation makes a 100% collapse improbable without catastrophic events like mass sell-offs or project abandonment.
- Community & Volume: High trading activity and engaged holders provide stability against zero-value scenarios.
Shiba Inu Price Forecast for July 2025
Bullish Scenario:
- A breakout above $0.00001200** could fuel a **10–15% rally** toward **$0.00001380.
- RSI surpassing 50 would confirm momentum reversal.
Bearish Scenario:
- Breaching $0.00001064** may trigger a **20% drop** to **$0.00000900.
- Macro risks or whale sell-offs could push prices lower.
FAQ Section
Q: What’s the worst-case scenario for SHIB?
A: A breakdown below $0.00000900 is possible, but a drop to zero is highly unlikely due to its market cap and community support.
Q: Are there signs of a SHIB recovery?
A: Watch for RSI divergence and a daily close above $0.00001200 to signal potential upside.
Q: How does SHIB compare to other meme coins?
A: SHIB maintains stronger liquidity and holder engagement than most meme tokens, reducing extreme volatility risks.
👉 Explore crypto trading strategies
Final Thoughts
While SHIB’s bearish trend raises concerns, its robust community and trading volume suggest resilience. Traders should monitor key support levels and RSI for reversal signals. Strategic entry points near $0.00000900 could offer high-reward opportunities if the market stabilizes.
Disclaimer: Crypto investments are volatile. Conduct independent research before trading.
### Notes:
- **SEO Keywords:** Shiba Inu price prediction, SHIB technical analysis, crypto market trends, meme coin volatility, RSI divergence.