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📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
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📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
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SHIB Breaks Through $0.00001200 – June Could Be A Nightmare For Investors
Shiba Inu has recently been hovering on the brink, with its price action weakening each week. Both traders and investors are starting to wonder: is the price of SHIB heading towards a complete collapse? June 2025 has started with a cautious note for this meme coin, and the charts are signaling danger ahead. Shiba Inu Price Drops Sharply: Is SHIB Showing Signs of Weakness?
Looking at the daily chart, the price of Shiba Inu has lost important support near the $0.00001500 zone and is currently trading around $0.00001285, with a bearish Heikin Ashi candle structure confirming continued bearish pressure. The price is currently much lower than the 20-day, 50-day, and 100-day moving averages, which range from $0.00001380 to $0.00001450. This confirms that SHIB is holding in a bearish trend. A notable concern is the formation of a death cross that occurred a few weeks ago when the 50-day MA crossed below the 200-day MA, currently at around $0.00001783. Historically, such a setup has occurred before prolonged downturns unless invalidated by strong breakouts. With the current volume and momentum, the likelihood of a reversal seems low in the near term. Hourly Chart Confirms Continuous Downtrend Pattern
Zooming in on the hourly chart, SHIB's short-term price action is struggling to regain even basic resistance levels. As of now, this token is having a hard time holding at $0.00001295, while the hourly resistance is at $0.00001342 (SMA 100 hours) and $0.00001391 (SMA 200 hours) is serving as a solid rejection point. Recently, there has been a small recovery effort, but each increase has faced strong selling pressure, especially near the MA band. Moreover, the descending wedge structure that briefly broke has not maintained its upward momentum. This rejection aligns with the classic "bear flag" pattern, which often leads to further declines. If we predict the analysis target using the flagpole method: The height of the flagpole previously: $0.00001550 – $0.00001200 = $0.00000350Analysis point: ~$0.00001200Measured move target: $0.00001200 – $0.00000350 = $0.00000850 This indicates that the price of SHIB could drop to $0.00000850 in the coming weeks unless there is a major reversal that invalidates the pattern. What Price Level Could Trigger a Panic Sell-off? The important support level to watch is $0.00001200. If this level is lost, there will essentially be no significant horizontal support until $0.00000950, which is the last major accumulation range at the beginning of 2024. A break below this level could trigger automatic stop-loss orders and lead to a panic sell-off. Even more alarming is the possibility that the price of SHIB could enter the "capitulation zone" between $0.00000700 and $0.00000500, where long-term holders may also begin to exit. These areas correspond to historical volume nodes seen in volume profile analysis. Shiba Inu Price Prediction: Can Shiba Inu Go to 0? Let's Calculate Together Let's analyze what is necessary for the price of SHIB to reach 0. Currently, the supply of SHIB is about 589 trillion tokens. With the current price being 0.00001285 dollars, the market capitalization would be around 7.58 billion dollars. For SHIB to drop to 0.00000001 dollars, the market capitalization would need to decrease to below 6 million dollars — which is a reduction of 99.99%. This is very unlikely to happen without a complete collapse of the ecosystem or the complete exit from the market of all meme coins. Therefore, although the possibility of falling to an absolute zero is only theoretical, the actual risk is that the price will drop below $0.000007, which still means a decrease of 45%–60% compared to the current price. Shiba Inu Price Drops Sharply: What Caused This Collapse? Some factors may act as catalysts: Weaknesses of Bitcoin: If BTC continues to drop below $60,000, meme coins like SHIB will depreciate more sharply. Lack of usefulness: Shibarium has not created enough attraction for the ecosystem to counter the downturn of the hype cycle. Whales offloading: Any large wallet sell orders will cause retail investors to panic. Macro pressure: Rising interest rates or economic recession in the US could drain liquidity from speculative assets. Shiba Inu Price Prediction: What is the Prediction for June 2025? Although the likelihood of a literal collapse to zero is very low due to delisting protection measures on exchanges and whale holdings, the chart clearly shows a collapse structure with more room to fall. If Shiba Inu cannot hold the $0.00001200 level in the first week of June, we could very well see it drop sharply to $0.00000850 or lower. Investors should prepare for volatility and be cautious of fakeouts. Momentum, trend indicators, and volume behavior are currently supporting a bearish trend for Shiba Inu in June 2025.