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Tony Kim Sep 28, 2025 08:02
** Shiba Inu trades with bearish signals as SHIB RSI drops to 37.94 and momentum indicators flash warning signs for traders watching key support levels.

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Quick Take
• SHIB currently trading with -1.35% decline in 24h • Shiba Inu's RSI at 37.94 indicates neutral zone with bearish undertones • No significant news catalysts driving recent price action
What's Driving Shiba Inu Price Today?
The SHIB price movement over the past 24 hours reflects a broader consolidation pattern rather than reaction to specific news events. With no major announcements or developments in the past week, Shiba Inu's current price action appears driven primarily by technical factors and general market sentiment.
The absence of fresh catalysts has left SHIB/USDT trading in a relatively narrow range, with volume on Binance spot reaching $6,471,880 over the past 24 hours. This moderate trading activity suggests limited conviction from both buyers and sellers, creating the current sideways price action we're observing.
SHIB Technical Analysis: Bearish Signals Emerge
The Shiba Inu technical analysis reveals several concerning indicators for short-term price action. SHIB's RSI reading of 37.94 sits in the neutral zone but shows a clear downward trajectory, suggesting selling pressure may be building beneath the surface.
Shiba Inu's MACD configuration presents particularly bearish signals, with the MACD histogram showing negative momentum. This technical setup often precedes further downside moves, especially when combined with the current RSI positioning.
The Stochastic indicators paint an even more concerning picture, with Shiba Inu's %K at 9.44 and %D at 11.20. These extremely low readings indicate the token is approaching oversold territory, which could either signal a potential bounce or further decline depending on market conditions.
Shiba Inu's position within the Bollinger Bands provides additional context, with the %B reading of 0.1315 showing SHIB trading near the lower band. This positioning often indicates either support formation or potential breakdown through established support levels.
Shiba Inu Price Levels: Key Support and Resistance
The current technical setup reveals critical Shiba Inu support levels that traders should monitor closely. Based on Binance spot market data, these levels will likely determine SHIB's near-term direction.
SHIB resistance levels remain well-defined, with immediate resistance providing the first test for any potential recovery attempt. The strong resistance level above represents a more significant hurdle that would need to be cleared for any meaningful bullish reversal.
On the downside, Shiba Inu support levels become crucial in the current environment. The immediate support represents the first line of defense against further selling pressure, while the strong support level below would likely attract significant buying interest if tested.
Should You Buy SHIB Now? Risk-Reward Analysis
For conservative traders, the current SHIB price environment suggests waiting for clearer directional signals. The bearish momentum indicators and oversold conditions create a challenging setup for new long positions.
Aggressive traders might consider the oversold Stochastic readings as a potential contrarian signal, but should implement strict risk management given the negative MACD momentum. Any position should include stop-losses below the strong support level to limit downside exposure.
Swing traders may find opportunities in the current range-bound action, but should be prepared for potential breakdown below current Shiba Inu support levels. The 24-hour trading range provides clear boundaries for short-term positioning strategies.
The risk-reward calculation currently favors waiting for either a clear bounce from support or a breakdown below key levels before establishing significant positions. The neutral overall trend suggests patience may be the best strategy for most traders.
Conclusion
SHIB price faces headwinds from multiple technical indicators showing bearish momentum, despite trading in technically neutral territory. The combination of declining RSI, negative MACD signals, and oversold Stochastic readings suggests caution is warranted in the near term.
Traders should focus on the key Shiba Inu support levels over the next 24-48 hours, as these will likely determine whether SHIB can stabilize or faces further downside pressure. Without fresh news catalysts, technical factors will likely continue driving price action in the immediate future.
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