SHIB Risks New Lows if $0.00000930 Support Breaks

• SHIB price today trades near $0.00000973, staying below all key EMAs while lower highs reinforce the downtrend.
  
• Spot flows show consistent outflows, confirming distribution as holders move tokens to exchanges instead of accumulating.
  
• A drop below $0.00000930 exposes the next liquidity zone at $0.00000880, while a close above $0.00001068 is required to flip momentum.
  

Shiba Inu price today trades near $0.00000973, struggling to hold ground after repeated failures to reclaim its moving averages. With trendline pressure overhead and persistent spot outflows, buyers remain defensive while sellers keep control of the short term direction.

Downtrend Stays Intact As Moving Averages Flip Into Resistance

The daily chart shows SHIB locked underneath a descending trendline that has capped every rally since January. Each attempt to break above it has been rejected, shifting momentum back to sellers.

SHIB trades below its 20, 50, 100, and 200 day EMAs, positioned at:

• $0.00001068 (20 day EMA)
• $0.00001069 (50 day EMA)
• $0.00001149 (100 day EMA)
• $0.00001259 (200 day EMA)

This cluster acts as a stacked resistance zone. Until SHIB clears at least the 20 day EMA, every bounce remains a relief move inside a broader downtrend. The Supertrend indicator remains red, reinforcing downside pressure.

The market structure shows lower highs and lower lows, a classic bearish sequence that does not change until price breaks the trendline with volume.

Spot Outflows Confirm Distribution

Spot flows on Coinglass reflect a lack of conviction among holders. On November 9, data shows $100,410 in net outflows, meaning tokens are moving from wallets back to exchanges. When outflows rise while price trades near support, it often signals distribution, not accumulation.

The pattern has been consistent for months. Red candles dominate the spot flow chart, showing that SHIB has struggled to attract sustained buy side inflows.

Short Term Channel Shows Weak Rebounds

On the lower timeframes, SHIB trades inside a clear descending channel. Price is attempting to stabilize around the channel midpoint, but momentum remains light.

Parabolic SAR dots continue to appear above price, confirming that the trend has not shifted. RSI on the 30 minute chart sits near 42, showing weak momentum from buyers.

A meaningful recovery requires a breakout above $0.00000990, which marks both the upper boundary of the channel and the immediate intraday resistance. Until that happens, the trend remains controlled by sellers.

Outlook. Will Shiba Inu Go Up?

SHIB is compressing toward a decisive move.

• Bullish case: A breakout above $0.00000990, followed by a close above $0.00001068, signals trend reversal. Reclaiming the EMA cluster opens the path toward $0.00001250 and eventually $0.00001400, where trendline resistance waited earlier in the year.
• Bearish case: A breakdown below $0.00000930 confirms sellers remain in control and exposes $0.00000880, the next liquidity pocket on the chart.

Shiba Inu remains in a downtrend. Buyers need confirmation before a swing higher becomes possible. Until then, rallies continue to be sold rather than chased.