Shiba Inu's Worst Case? 81% Drop on Table If SHIB Sellers Win This Level
Analysis
Price Impact
HighA prominent technical analyst warns of a potential 81% drop for shib if the critical $0.0000066721 support level breaks, which could erase almost three years of support structure. the current market structure shows consistent lower highs, thin liquidity, drying volume, and collapsing sentiment.
Trustworthiness
MedThe analysis is from a known crypto technical analyst, ali martinez, based on weekly chart patterns and identified support levels. while the article presents it as a 'worst-case' and 'possible outcome' rather than a definitive forecast, the technical indicators cited provide a solid basis for concern.
Price Direction
BearishThe primary risk discussed is a significant downside movement. if the $0.0000066721 support level fails, the price could target $0.0000029954 and potentially $0.0000013522, representing an 81% drop. sentiment, volume, and social media interest are also collapsing.
Time Effect
LongThe analysis references weekly charts and discusses the potential unraveling of 'almost three years' of support structure, indicating a prolonged bearish trend if the key support breaks. it also draws parallels to a 'multi-month bear flag' from 2022.
Original Article:
Article Content:
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 Shiba Inu (SHIB) is in crisis and, as one of the best-known crypto technical analysts declares, the meme coin could lose a lot of value once the current price support gives way. Advertisement According to a new weekly chart posted by analyst Ali Martinez , SHIB is holding onto the $0.0000066721 support level — a threshold it has not reached since mid-2023, and the current structure looks fragile, with consistent lower highs and thin liquidity on the bounce attempts. If this level gives out, Martinez points to two possible crash zones: $0.0000029954 and $0.0000013522. Source: Ali Martinez This is not just another case of "buy the dip," as hitting the second target would mean a 81% drop from the current price point, basically erasing almost three years of the Shiba Inu support structure in one big plunge. HOT Stories Morning Crypto Report: Ripple's Largest Stablecoin Mint Stuns XRP With $59 Million; 162,874,151,430 Shiba Inu (SHIB) Reactivated by Major Exchange After Three Weeks; Dogecoin (DOGE) Finally Breaks $0 ETF Streak Ripple Participates in High-Stakes White House Summit For a token that is already down 92% from its 2021 high, a crash like this could totally reset it from the surface of the crypto market. Advertisement How low? It is interesting that this is similar to what happened in 2022, when the SHIB price consolidated for weeks before falling into a multimonth bear flag. Volume is drying up again, sentiment is collapsing and social media interest in the project has cratered to 2021 prehype levels. SHIB's last pump in the middle of 2025 barely broke past $0.0000148062 — a level that is now acting as heavy overhead resistance. You Might Also Like Tue, 02/03/2026 - 13:17 Morning Crypto Report: Ripple's Largest Stablecoin Mint Stuns XRP With $59 Million; 162,874,151,430 Shiba Inu (SHIB) Reactivated by Major Exchange After Three Weeks; Dogecoin (DOGE) Finally Breaks $0 ETF Streak By Gamza Khanzadaev Advertisement Ali's chart does not show things looking super bad, but it does make us remember that meme tokens cannot hold their value when the crowd disappears. The 81% wipeout is not a forecast; it is a possible outcome. Until SHIB bounces back or recaptures its midrange structure, any price action below $0.0000066721 is at risk. If that line breaks, the SHIB army will be asking "Who's still here to care?" instead of "How low?" #Shiba Inu (SHIB) News #Shiba Inu #SHIB #Shiba Inu (SHIB) Price Prediction