Shib is showing significant bearish momentum across multiple timeframes, with potential for substantial price depreciation if key support levels fail to hold.
The analysis is based on detailed technical charting, identifying specific support breaks on hourly, daily, and midterm charts, leading to clear downside price targets.
Shib is currently breaking local support at $0.00000862. immediate targets include $0.00000850, with further daily candle closes below this leading to a test of $0.0000080. midterm, a decline to the $0.00000750-$0.0000080 range is anticipated by month-end if the bearish trend persists.
While immediate drops are predicted based on hourly chart breakdowns, the most significant price movement and target range ($0.00000750-$0.0000080) are projected for the end of the month, indicating a sustained bearish trend.
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 Most of the coins have returned to the green area at the end of the week, according to CoinStats . Advertisement SHIB chart by CoinStats SHIB/USD SHIB is an exception, falling by 0.31% since yesterday. Image by TradingView On the hourly chart, the rate of SHIB is looking bearish. The price is breaking the local support at $0.00000862. If a breakout happens, the drop is likely to continue to the $0.00000850 area. Image by TradingView On the bigger time frame, the price of SHIB is far from the key levels. In this case, one should focus on the interim zone of $0.00000850. You Might Also Like Sat, 01/10/2026 - 15:03 XRP Price Analysis for January 10 By Denys Serhiichuk If the daily bar closes below that range, the accumulated energy might be enough for a test of the $0.0000080 mark. Image by TradingView From the midterm point of view, bulls have failed to maintain the growth. If the situation does not change by the end of the day, there is a chance to witness a decline to the $0.00000750-$0.0000080 range by the end of the month. SHIB is trading at $0.00000860 at press time. #Shiba Inu (SHIB) Price Prediction