SHIB Nears Demand Zone That Fueled 2024 Rally: Potential Rebound Signals Emerge

• SHIB nears demand zone: Trading at $0.00000984 after 26% drop, mirroring 2024 levels that sparked major gains.

• Investor activity shows spot netflow at +$1.17 million on October 18, with perpetual contracts closed over $6.8 million, indicating strategic positioning.

• Technical indicators reveal MFI rising to 44.17 and positive A/D at 62.14T, reflecting steady buying despite market weakness—data from TradingView.

Explore Shiba Inu demand zone analysis: SHIB eyes historic support amid 26% dip, with accumulation signals hinting at rebound. Stay updated on crypto trends—read more now (152 characters).

What is happening with Shiba Inu price as it approaches the demand zone?

Shiba Inu (SHIB) price has experienced a 26% decline over recent weeks, trading near $0.00000984 as of October 18, 2025, and edging closer to a critical demand zone between $0.00001078 and $0.00000817. This zone previously acted as a launchpad for a 406% surge in early 2024, driving the token to its annual high of $0.00003665. Current data from TradingView indicates steady accumulation, which could support a similar recovery if buying pressure builds at these lower levels.

How are investor behaviors influencing SHIB’s current trajectory?

Investor actions in both spot and perpetual markets have contributed to SHIB’s recent downward movement, enabling it to test lower supports. According to data from CoinGlass, spot netflow registered a positive $1.17 million on October 18, 2025, yet the overall quarterly trend for Q3 showed net outflows, reflecting cautious positioning amid broader market declines that started on October 6. In the perpetual futures market, over $6.8 million in contracts were liquidated, signaling risk aversion as capital rotated to more resilient sectors. This deliberate selling pressure has exposed SHIB to short-term downside, but it also positions the token near levels where historical rebounds have originated. Experts note that such rotations are common in volatile memecoin environments, with past patterns from CoinGlass reports showing that negative netflows often precede accumulation phases. Short sentences highlight the data: Spot inflows ticked up slightly; perpetual liquidations exceeded $6.8 million; overall sentiment remains mixed but with rebound potential if demand holds.

The memecoin sector, including SHIB, has faced significant pressure since the market downturn began on October 6, 2025. Despite a 26% drop, SHIB posted a modest 1.7% recovery in the last 24 hours as of October 18. However, on-chain and technical metrics suggest this uptick may not sustain without stronger catalysts.

SHIB’s weekly chart reveals it hovering just above the $0.00000984 mark after breaking short-term supports. The impending approach to the demand zone—$0.00001078 to $0.00000817—carries weight due to its proven track record. In early 2024, liquidity buildup in this range ignited the 406% rally to $0.00003665, per TradingView historical data. If similar conditions emerge, with concentrated buy orders at these depths, SHIB could see renewed upward momentum. Yet, the path to retesting this zone depends on broader market recovery and sector-specific inflows.

Source: TradingView

Retail and institutional moves underscore the high probability of SHIB entering this zone. CoinGlass metrics from October 18 reveal spot market netflows at +$1.17 million, a brief positive amid Q3’s dominant outflows. Perpetual trading saw $6.8 million in closures, pointing to deleveraging that amplifies downside but clears paths for future buys. This risk-off stance aligns with memecoin trends, where data from established platforms like CoinGlass often predict shifts from selling to accumulation.

Source: CoinGlass

Amid the decline, accumulation signals persist, with buyers demonstrating resilience. The Money Flow Index (MFI) climbed to 44.17, edging into bullish territory and indicating capital inflow despite the price weakness. Complementing this, the Accumulation/Distribution (A/D) line held firm at 62.14 trillion SHIB, a metric that tracks volume-based buying pressure according to TradingView analysis. These indicators suggest the current dip may be a calculated pullback rather than a full capitulation.

Source: TradingView

The combination of positive MFI and A/D metrics bolsters the case for SHIB gains ahead, particularly if it reaches the demand zone where historical data shows robust support. Official statistics from these platforms underscore a setup for rebound, as buying volumes remain consistent even at depressed prices. This activity aligns with expert observations from financial analysts who track memecoin cycles, emphasizing that zones like this often attract value-seeking investors.

Frequently Asked Questions

What factors are driving Shiba Inu to its 2024 demand zone levels?

Shiba Inu has fallen 26% since early October 2025 due to broader market declines and sector rotations, pushing it toward the $0.00001078–$0.00000817 demand zone. CoinGlass data shows $6.8 million in perpetual liquidations and mixed spot netflows, creating short-term pressure. However, this mirrors 2024 patterns where the zone triggered a 406% rally, per TradingView records (48 words).

Is Shiba Inu showing signs of recovery near its current support levels?

Yes, Shiba Inu displays recovery potential near $0.00000984, with the Money Flow Index at 44.17 indicating rising capital inflows and Accumulation/Distribution at 62.14 trillion SHIB reflecting steady buys. These metrics from TradingView suggest buyers are active, much like before the 2024 surge, even as sentiment lags—positioning SHIB for an upward shift if support holds firm.

Key Takeaways

• SHIB’s demand zone proximity: The token’s 26% drop to $0.00000984 brings it near $0.00001078–$0.00000817, a level that supported a 406% gain in 2024 according to TradingView data.
• Investor positioning dynamics: Spot netflow hit +$1.17 million on October 18 per CoinGlass, while $6.8 million in perpetual closures highlight risk reduction, paving the way for accumulation.
• Technical accumulation signals: MFI at 44.17 and A/D at 62.14T indicate ongoing buying—monitor for rebound confirmation as SHIB tests these supports.

Conclusion

In summary, Shiba Inu price decline to near the key demand zone underscores a pivotal moment, with accumulation metrics like MFI and A/D providing bullish undertones amid investor rotations reported by CoinGlass. As SHIB navigates this $0.00001078–$0.00000817 range—echoing its 2024 406% rally potential—market participants should watch for volume spikes. Published October 18, 2025, by COINOTAG. Looking ahead, sustained buying could propel SHIB toward recovery; stay informed on evolving crypto dynamics for strategic insights.

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