SHIB Price Analysis: Will $0.0000067 Hold or Break?

CryptoNewsLand
SHIB1.12%
INJ3.29%
  • Resistance: SHIB struggles to break $0.0000067, facing repeated seller rejection and cautious momentum.

  • Consolidation: Price stabilizes near $0.0000065, signaling indecision and potential sideways movement.

  • Technical Indicators: MACD and RSI show neutral momentum, hinting at possible breakout or further decline.

Shiba Inu has shown a mixed start in February trading, catching traders’ eyes with volatility. The price dropped sharply from around $0.00000695 to $0.00000645 before buyers stepped in near the lows. This recovery pushed SHIB back toward $0.00000665, but bullish momentum appears cautious. Traders watch closely as the coin consolidates below a key resistance level. Understanding the current price structure and critical thresholds can reveal whether bulls regain control or sellers dominate.

🎯 $INJ #INJUSDT 12h | AI Analysis

– With the current bearish trend and most indicators supporting downside, my primary expectation is further weakness unless price performs a clear manipulation below 2.650 and closes back above. If this occurs, a bullish retracement up to 3.110… pic.twitter.com/rUEFR2Il8n

— Finora AI – Your Trade Buddy (@Finora_EN) February 16, 2026

SHIB Faces Key Resistance at $0.0000067

Price action highlights that $0.0000067 now acts as strong resistance. Attempts to break above this level have failed repeatedly. Each rally faced rejection, signaling sellers continue to control the market. Currently, SHIB trades near $0.000006502, down about 1.38% over the last 24 hours. Buyers tried to form a short-term base near $0.00000645, but recovery remains limited. Consolidation below this zone shows traders are cautious and momentum has yet to pick up.

For a bullish shift, SHIB must reclaim $0.0000067 and hold above it. Success would indicate growing buyer strength and improved confidence. A clear push past this level could see the price move gradually toward the next resistance near $0.0000099. That zone represents previous consolidation and serves as a critical test for trend reversal. Traders closely monitor these levels for signs of renewed bullish action.

The weekly chart confirms that sellers dominate. Lower highs and lower lows persist, reflecting the bearish structure. Short-term rallies fail to maintain momentum, keeping the price trapped below major resistance zones. Despite minor stabilization near $0.0000065, the overall trend remains weak. Traders remain wary as attempts to sustain rallies repeatedly meet selling pressure.

Technical Indicators Show Consolidation, Not Clear Direction

Technical indicators suggest consolidation rather than a strong trend. The MACD sits below the zero line, showing bearish momentum continues. The histogram shows slight improvement, hinting that selling pressure may be easing. The RSI hovers in the mid-40s, indicating neutral momentum. Neither overbought nor oversold conditions dominate. This combination suggests the market is waiting for a decisive move.

Short-term stabilization near $0.0000065 may offer temporary relief. However, bulls need a decisive reclaim of $0.0000067 to shift control. Without that, sellers remain in command, and lower prices could test previous support zones. Momentum traders may position cautiously until clear direction emerges. The market may continue sideways until one side establishes dominance.

For now, SHIB shows mixed intraday action with cautious buyer intervention. $0.0000067 remains a key resistance for trend reversal. Technical indicators point toward consolidation with potential for either breakout or breakdown. Traders should watch this level closely before committing to aggressive positions.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Based Eggman Crypto Vs Top 5 Memecoins in 2026, Can Dogecoin Regain $0.25 As SHIB Coin Declines

The memecoin market continues to shift as traders move between established names and best crypto presales. Dogecoin and SHIB once dominated headlines, but price pressure now tests investor confidence At the same time, interest in presale cryptocurrency campaigns grows as buyers search for early

BlockChainReporter5h ago

Crypto Market Review: XRP Faces 85% Volume Reset, Shiba inu (SHIB) Bull Run Chances Are Slim, Analyzing Dogecoin's Possibility to Return to $0.10 - U.Today

XRP cools off Dogecoin really close Shiba Inu unlikely to recover Since trading volume has drastically decreased and activity has collapsed by about 85% from its peak during the recent sell-off, XRP is going through a sharp cooling phase. On the other hand, Dogecoin is really at an important

UToday11h ago

Shiba Inu Expands Ecosystem with SOU NFT for Community Support

Shiba Inu has launched Shib Owes You (SOU) NFT to support users with donations, payouts and some occasional rewards. SHIB has lost over 20% of its value in the past 30 days as the memecoin market loses investor interest. NFTs once had all the hype in crypto, and celebrities were forking out

CryptoNewsFlash02-19 11:46
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)