SHIB Faces 3% Pullback as 200 EMA Resistance Holds Key Support Levels Loom

Shiba Inu (SHIB) is at a critical juncture as its recent price surge encounters resistance near the 200-day Exponential Moving Average (EMA), a key technical barrier that has historically signaled trend strength [1]. The token’s inability to decisively break above this level has triggered a near 3% pullback, reflecting a loss of bullish momentum. This resistance is compounded by declining trading volume, which typically indicates weakening buying interest. Analysts from COINOTAG emphasize that the 200 EMA remains a pivotal obstacle, with support zones at $0.0000136 and $0.0000125 emerging as critical thresholds for sustaining the rally [1].

Technical indicators further underscore the precarious balance between momentum and correction. The Relative Strength Index (RSI), currently approaching the 70 overbought threshold, suggests the asset may face a short-term consolidation phase unless fresh buying pressure emerges [1]. Volume analysis reveals reduced market participation during the recent rally, amplifying concerns about a potential pullback. The Stochastic oscillator, with %K at 89.55 and %D at 90.26, reinforces the overbought status, a pattern historically preceding corrections [1]. Meanwhile, the MACD histogram indicates sustained bullish momentum, and the Bollinger Bands analysis positions SHIB near the upper band resistance, a typical short-term ceiling [1].

Market dynamics highlight a mixed outlook. The 30% July 2025 rally, which broke through a critical descending trendline, has been driven by AI integration initiatives and aggressive token burns that reduce circulating supply [1]. However, centralization concerns and recent delistings of associated tokens like BONE pose risks to upside potential. Whale accumulation has bolstered the rally, but liquidity remains concentrated, with a 24-hour trading volume of $58.18 million on Binance [1]. Analysts caution that short-term volatility is likely, particularly if the 200 EMA fails to hold.

Price predictions from Bitget suggest SHIB could reach $0.00001548 in July 2025, $0.00001555 in August, and $0.00001581 in September, contingent on sustained deflationary pressures and AI-driven adoption [2]. These forecasts, however, remain speculative, as actual outcomes depend on market sentiment and external catalysts. Traders are advised to monitor the $0.000017 resistance level, with a successful breakout potentially triggering algorithmic buying strategies [1].

Support levels will be pivotal in determining the rally’s longevity. The $0.0000136 zone, aligning with the 26 EMA and recent consolidation areas, serves as a short-term lifeline. A breach below this level could test the $0.0000125 threshold, which, if defended, might prevent a full retracement to pre-rally prices [1]. Conservative strategies favor waiting for a pullback to the trendline support, offering clearer stop-loss levels, while aggressive investors may target smaller positions with tight stop-losses, betting on the AI and burn rate narrative [1].

The coming 24–48 hours will be decisive. A sustained break above $0.000017 could validate the bullish case, while a retreat to the trendline support may test the resilience of the rally. Traders should closely monitor RSI normalization and volume patterns to gauge the likelihood of continuation or correction [1].

Source:

[1] COINOTAG, [https://en.coinotag.com/shiba-inu-faces-potential-pullback-as-key-support-levels-near-critical-tests/](https://en.coinotag.com/shiba-inu-faces-potential-pullback-as-key-support-levels-near-critical-tests/)

[2] Bitget, [https://www.bitget.com/price/shiba-inu/price-prediction](https://www.bitget.com/price/shiba-inu/price-prediction)