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Shiba Inu Price Prediction: Sellers Defend Channel Top as Weak Flows Limit Recovery


by Parshwa Turakhiya
for CoinEdition
Shiba Inu Price Prediction: Sellers Defend Channel Top as Weak Flows Limit Recovery

Share:

  • Shiba Inu rebounds 5 percent but remains capped inside a long-term descending channel with major resistance overhead.
  • Short-term breakout above Supertrend shows improving momentum, but confirmation requires a move past $0.00000988.
  • Spot flows remain weak with only $351K in inflows, signaling limited accumulation despite the price recovery.

Shiba Inu price today trades near $0.00000888 after a 5 percent intraday recovery that lifted price toward the midline of a long running descending channel. The move gives buyers short term momentum, but the broader structure remains bearish as overhead resistance and weak spot flows limit conviction.

Downtrend Channel Continues To Cap Upside Attempts

SHIB Price Action (Source: TradingView)

The daily chart shows SHIB moving within a clean channel that has governed price since Q2. Price remains beneath the upper boundary and…

Read The Full Article Shiba Inu Price Prediction: Sellers Defend Channel Top as Weak Flows Limit Recovery On Coin Edition.

Read the article at CoinEdition

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Cardano Price Prediction: ADA Attempts Recovery but Faces Heavy Resistance Ahead

Cardano Price Prediction: ADA Attempts Recovery but Faces Heavy Resistance Ahead

Cardano continues to trade in a vulnerable position as price action remains trapped b...
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Shiba Inu Price Prediction: Sellers Defend Channel Top as Weak Flows Limit Recovery


by Parshwa Turakhiya
for CoinEdition
Shiba Inu Price Prediction: Sellers Defend Channel Top as Weak Flows Limit Recovery

Share:

  • Shiba Inu rebounds 5 percent but remains capped inside a long-term descending channel with major resistance overhead.
  • Short-term breakout above Supertrend shows improving momentum, but confirmation requires a move past $0.00000988.
  • Spot flows remain weak with only $351K in inflows, signaling limited accumulation despite the price recovery.

Shiba Inu price today trades near $0.00000888 after a 5 percent intraday recovery that lifted price toward the midline of a long running descending channel. The move gives buyers short term momentum, but the broader structure remains bearish as overhead resistance and weak spot flows limit conviction.

Downtrend Channel Continues To Cap Upside Attempts

SHIB Price Action (Source: TradingView)

The daily chart shows SHIB moving within a clean channel that has governed price since Q2. Price remains beneath the upper boundary and…

Read The Full Article Shiba Inu Price Prediction: Sellers Defend Channel Top as Weak Flows Limit Recovery On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 0.00...907

+6.42%

$ 0.00...397

+3.49%

Share:

In This News

Coins

$ 0.00...907

+6.42%

$ 0.00...397

+3.49%

Share:

Read More

Cardano Price Prediction: ADA Attempts Recovery but Faces Heavy Resistance Ahead

Cardano Price Prediction: ADA Attempts Recovery but Faces Heavy Resistance Ahead

Cardano continues to trade in a vulnerable position as price action remains trapped b...
XRP Price Prediction: XRP Price Holds Key Support as Market Sees Lower Leverage

XRP Price Prediction: XRP Price Holds Key Support as Market Sees Lower Leverage

XRP continues to stabilize above critical support after a sharp pullback that pushed ...