Shiba inu successfully defended its daily midband, breaking a long-standing selling pressure and indicating a potential shift in market bias from bearish to bullish.
Analysis is based on technical indicators like bollinger bands and midband defense, providing clear conditional scenarios for price movement.
Buyers stepped in to hold the midband at $0.0000085, which signals a break in the downward trend. if shib holds above $0.0000084, it could target the upper bollinger band around $0.0000102.
The analysis focuses on immediate technical levels (daily midband, upper band) and short-term market dynamics, looking at next steps and checkpoints in the near future.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News The Shiba Inu coin finally made a comeback this week, and the chart shows exactly where it happened. SHIB dropped into the daily midband — a level it had kept losing for most of November — and instead of another fade, buyers stepped in and held the line, as visible on the TradingView chart. Advertisement The price of Shiba Inu coin bounced off the $0.0000085 zone and closed near $0.00000861, which is one of the cleaner defenses the token has shown in weeks. This is the part that traders actually care about. When SHIB defends the midband after a long stretch of trading under it, the bias changes. The pressure to sell that caused the entire November slide finally broke, and the market showed enough demand to keep the candle green where it usually collapses. HOT Stories Morning Crypto Report: Ripple CTO Says XRP Holdings Are Undervalued, Andrew Tate Declares He's 'Huge on Bitcoin,' Solana Drops Rare XRP Mention Shiba Inu Whale Activity Hits Highest Level Since June Crypto Market Prediction: No Bitcoin, $100,000 Next Time, Is Shiba Inu (SHIB) Wearing Bull Horns Again? XRP Becoming Dominant Crypto Market Bill Stalled Again SHIB/USD by TradingView It is not a sign that things are changing, but it does give the bulls a chance that they have not had since the start of fall. Advertisement What's next for Shiba Inu coin? The Bollinger map shows the next steps. The upper band sits around $0.0000102 — that is the first real checkpoint if this midband defense turns into momentum. So, just hold above $0.0000084 and keep buyers interested. If it loses that area, SHIB slips back toward $0.0000078, where November's lows are. Seasonality is not a deciding factor, but it adds some color. December was all over the place for SHIB, with some big wins and some big losses. The average is tilting negative, but there are some positive outliers that show late-year flips are not unheard of. You Might Also Like Tue, 12/09/2025 - 10:09 Shiba Inu (SHIB): 3 to 4 Days Left, Will the Price Crash? By Arman Shirinyan SHIB is still down 59% YTD and miles below its peak at $0.0000249, so the market does not need a miracle. It just needs buyers to keep defending the same spot they defended today. The indicator says the chance is there. SHIB just has to hold it. #Shiba Inu #Shiba Inu (SHIB) News #SHIB #Shiba Inu (SHIB) Price Prediction