{"id":70779,"date":"2026-04-07T14:54:45","date_gmt":"2026-04-07T14:54:45","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/shiba-inu-price-outlook-turns-bearish-as-shib-struggles-below-0-0000060\/"},"modified":"2026-04-07T14:54:45","modified_gmt":"2026-04-07T14:54:45","slug":"shiba-inu-price-outlook-turns-bearish-as-shib-struggles-below-0-0000060","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/shiba-inu-price-outlook-turns-bearish-as-shib-struggles-below-0-0000060\/","title":{"rendered":"Shiba Inu price outlook turns bearish as SHIB struggles below $0.0000060"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/04\/Shiba-Inu-token-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/04\/Shiba-Inu-token-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/04\/Shiba-Inu-token-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/04\/Shiba-Inu-token-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Shiba Inu (SHIB) faces selling pressure amid rising exchange inflows.<\/li>\n<li>The SHIB price remains stuck below the key $0.0000060 resistance.<\/li>\n<li>Breakdown below the support at $0.0000053 may trigger a drop below $0.0000050.<\/li>\n<\/ul>\n<p>The price outlook for Shiba Inu (SHIB) is starting to tilt bearish as the token continues to struggle below the $0.0000060 level.<\/p>\n<p>Recent price action shows that despite a brief attempt to push higher, momentum has faded quickly, leaving SHIB trading near $0.0000058.<\/p>\n<p>Over the past 24 hours, SHIB has declined by around 3%, underperforming a weak crypto market.<\/p>\n<p>While the broader crypto market pullback has played a role, the weakness in SHIB appears more pronounced, suggesting that internal factors are also driving the decline.<\/p>\n<h2>Selling pressure and fading confidence weigh on SHIB<\/h2>\n<p>One of the clearest signals behind SHIB\u2019s weakness is the sharp drop in derivatives activity.<\/p>\n<p>Shiba Inu\u2019s Open interest has fallen significantly from its earlier highs, pointing to a steady exit of traders from leveraged positions.<\/p>\n<figure id=\"attachment_363960\" aria-describedby=\"caption-attachment-363960\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"wp-image-363960 size-full\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/04\/Shiba-Inu-open-interest.png\" alt=\"SHIB OI\" width=\"1428\" height=\"493\"\/><figcaption id=\"caption-attachment-363960\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.coinglass.com\/open-interest\/SHIB\">Coinglass<\/a><\/figcaption><\/figure>\n<p>At the same time, on-chain activity shows a noticeable increase in tokens moving onto exchanges.<\/p>\n<p>This trend is typically associated with selling intentions, as traders transfer assets to trading platforms when they plan to liquidate positions.<\/p>\n<p>The combination of falling open interest and rising exchange inflows creates a strong bearish undertone.<\/p>\n<p>This shift in behaviour suggests that the market is gradually leaning toward distribution. Without a reversal in these flows, it becomes difficult for the price to sustain any meaningful upside.<\/p>\n<h2>Broader market weakness adds to downside risk<\/h2>\n<p><a href=\"https:\/\/coinjournal.net\/news\/bitcoin-steadies-above-68k-as-iran-tensions-keep-markets-on-edge\/\">The performance of Bitcoin<\/a> has also played a role in SHIB\u2019s recent decline. As the leading cryptocurrency edges lower, risk appetite across the market has weakened.<\/p>\n<p>As a result, speculative assets like Shiba Inu (SHIB) tend to face greater pressure.<\/p>\n<p>There is also clear evidence of capital rotating away from altcoins. Traders appear to be moving into more stable assets or stepping away from the market altogether.<\/p>\n<p>This shift has hit meme coins particularly hard, as they rely heavily on strong sentiment and active participation.<\/p>\n<p>As a result, SHIB is not just dealing with its own internal challenges but also navigating a less supportive macro environment.<\/p>\n<h2>Resistance holds firm as price struggles to break higher<\/h2>\n<p>Technically, SHIB remains trapped below a key resistance zone between $0.0000060 and $0.0000063.<\/p>\n<p>Several attempts to push above this range have failed, with sellers consistently stepping in to cap gains.<\/p>\n<p>A closer look at the price structure shows that SHIB is currently consolidating within a narrow band.<\/p>\n<p>Support is forming around $0.0000052\u2013$0.0000053, while resistance remains firmly overhead.<\/p>\n<p>This range has tightened in recent sessions, reflecting a market that is waiting for a decisive move.<\/p>\n<figure id=\"attachment_363959\" aria-describedby=\"caption-attachment-363959\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.tradingview.com\/chart\/n7WskMvZ\/?symbol=BINANCE%3ASHIBUSDT\"><img loading=\"lazy\" decoding=\"async\" data-source=\"CoinJournal\" class=\"wp-image-363959 size-full\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/04\/SHIBUSDT-price-chart.png\" alt=\"Shiba Inu struggles below $0.0000060\" width=\"1367\" height=\"907\"\/><\/a><figcaption id=\"caption-attachment-363959\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<p>Notably, the inability to reclaim $0.0000060 is particularly important. This level has acted as a short-term barrier, and until it is flipped into support, any upward movement is likely to remain limited.<\/p>\n<p>For now, the balance of risks appears tilted to the downside.<\/p>\n<p>The ongoing selling pressure, combined with weakening market participation, suggests that SHIB may continue to struggle unless conditions change.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/shiba-inu-price-outlook-turns-bearish-as-shib-struggles-below-0-0000060\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Shiba Inu (SHIB) faces selling pressure amid rising exchange inflows. The SHIB price remains stuck below the key $0.0000060 resistance. Breakdown below the support at $0.0000053 may trigger a drop below $0.0000050. The price outlook for Shiba Inu (SHIB) is starting [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":70780,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/70779"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=70779"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/70779\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/70780"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=70779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=70779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=70779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}