Bitcoin News Today: Shiba Inu Stabilizes Near Key Support Amid 15% Short-Term Gains

Shiba Inu (SHIB) appears to have stabilized near key support levels in late August 2025, reducing the likelihood of a price drop that would add another trailing zero to its value. Price has remained in the $0.000012–$0.000013 range, supported by a rising floor near $0.000011 and reinforced by recurring buying interest at the $0.000009 level. Short-term Bollinger Band analysis shows mean reversion toward the midline at approximately $0.000013, indicating a consolidation phase rather than a breakdown. Weekly price action has repeatedly tested and defended the $0.000009 level, strengthening its credibility as a structural support zone [1].

The resilience of SHIB is attributed to its position as one of the most liquid meme coins on the Ethereum network, where on-chain activity and liquidity pools have helped prevent large sell-offs. Institutional-grade liquidity and consistent buyer defense have created a floor that traders and investors are watching closely. Analysts have noted that the combination of tight volatility and recurring support at key levels makes it less likely for SHIB to break below $0.000009 in the near term [1].

Technical indicators, including Bollinger Bands and weekly price patterns, suggest a mean-reversion bias in the short term. While the price has dropped slightly from previous highs, it remains above the critical $0.000011 threshold, a level that has shown repeated strength. Traders are advised to monitor this level closely, as a break below it could signal increased volatility. Conversely, sustained bids above $0.000013 indicate a strong likelihood of consolidation and a continuation of the current support structure [1].

The market’s interpretation of these levels is shaping the outlook for SHIB. The $0.000009–$0.000011 range is now widely considered structural support, while the mid-Bollinger Band at ~$0.000013 acts as a short-term mean. Price activity above this level points to a stable environment, while a decisive move below it would trigger renewed bearish pressure. These dynamics make risk management crucial, with position sizing and stop-loss strategies recommended to navigate potential volatility [1].

Despite recent bearish signals, SHIB has shown some short-term strength, breaking out of a symmetrical triangle and gaining 15% within a week. However, this upward movement has been constrained near the $0.0000170 resistance level, which remains a key threshold for further gains [4]. Broader market sentiment, particularly around Bitcoin, also plays a role in SHIB’s performance, with some analysts questioning whether a major bull cycle is still in effect [7].

Looking ahead, the focus remains on whether buyers can maintain control at current support levels and whether token utility and burn rate improvements can bolster long-term confidence. The decline in SHIB’s burn rate by 44% has sparked debate about its long-term sustainability and whether it can support meaningful price action [2]. For now, technical conditions suggest SHIB is in a phase of consolidation rather than a sustained downtrend, with the key question being whether this stability can be maintained without significant market shocks.

Source:

[1] https://en.coinotag.com/shiba-inu-shib-appears-less-likely-to-add-another-zero-as-support-holds-technicals-suggest/

[2] https://www.xt.com/en/blog/post/shib-burn-rate-crashes-44-ena-holds-0-67-blockdags-innovative-hybrid-tech-pushes-presale-to-381m

[4] https://www.ainvest.com/news/dogs-critical-resistance-0-0000170-path-breakout-2508/

[7] https://u.today/bitcoin-btc-bull-run-cancelled-shiba-inu-shib-hits-0-in-key-metric-xrps-unthinkable-comeback