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Shiba Inu (SHIB) Price Analysis: Bearish Trend Continues As Key Support Levels Come Into Play

Summary by Tron Weekly Journal
Shiba Inu (SHIB) is trading at $0.00001276 with a slight 0.70% gain, but the overall trend remains bearish. Price is below all key moving averages, reinforcing downward pressure and strong resistance near $0.00001400. A support zone is holding between $0.00001250 and $0.00001260, with potential downside toward $0.00001200 if broken. RSI hovers near oversold at 34.30, while the MACD shows weakening bearish momentum but no clear reversal yet. Shib…
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The Shiba Inu (SHIB) price is currently shaking smoothly – week after week the situation is getting more critical. Traders and investors are increasingly asking themselves: Could the SHIB price actually crash completely? June 2025 starts rather cautiously for the Meme Coin, and the charts point to problems.Shiba Inu price breakdown: Does SHIB already show clear weakness?SHIB/USD Daily Chart TradingViewIn the daily chart, the Shiba Inu price has …

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Tron Weekly Journal broke the news in on Sunday, June 1, 2025.
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