5-7-2025 – Shiba Inu (SHIB) is struggling to mount a recovery, with its price failing to break critical resistance at $0.0000136 amid continued market weakness.
Despite several attempts to rally, SHIB remains range-bound, trading near $0.0000111—its lowest level since March. Analysts note that low trading volumes and persistent selling pressure have hampered the memecoin’s ability to mirror broader gains in the crypto market, especially compared to Bitcoin’s recent breakout. Technical indicators reveal that sellers remain in control, with the on-chain data suggesting ongoing distribution by long-term holders rather than accumulation.
The $0.0000136 level is now seen as a crucial barrier for SHIB bulls. Breaking above this mark would be necessary to shift the short-term market structure and open the door for a sustained recovery. For now, SHIB continues to trade below all major moving averages, and momentum indicators show little sign of reversal. Until demand returns and SHIB can close above this resistance, analysts say the outlook remains bearish.
Investors are watching closely for any signs of renewed buying interest or a decisive move above key levels. A break above $0.0000136 could signal a turnaround, but failure to do so may leave SHIB vulnerable to further declines.
