SHIB price won’t last longer at current levels according to market analyst “Pepe is Friend,” who suggests the meme coin is approaching a critical support zone. Right now, Shiba Inu trades at $0.00001157, and it’s down 0.6% in 24 hours. The Shiba Inu price forecast indicates this stagnation won’t continue, and analysts are pointing to key technical levels that could trigger the next move. Those wondering whether to buy SHIB now should consider that current price action suggests significant movement is imminent, and at the time of writing, the technical setup looks interesting.
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Why Shiba Inu Price Won’t Last
The analyst’s assessment reveals why SHIB price won’t last longer at these levels, and market cap analysis shows a series of lower highs and also lower lows. At the time of writing, Shiba Inu faces a critical support zone around $6.7 billion market cap that has historically provided stability. This technical pattern suggests the Shiba Inu price forecast could turn bullish once key support is reached, and traders are watching these levels closely.
Critical Support Zone Analysis Shows SHIB Price Won’t Last Longer
Historical data from April 2024 demonstrates why SHIB price won’t last longer at current levels, and when Shiba Inu fell below $6.08 billion market cap, bears couldn’t maintain pressure and a rebound followed. The analyst believes those questioning whether Shiba Inu price will increase or not should watch this $6.7 billion support closely, and the technical setup suggests accumulation opportunities.
“Pepe is Friend” stated:
$SHIB is pretty much at the bottom now, seems like it’s approaching the support zone. If it really hits that support, it’ll likely move sideways for a while before the next growth phase. Stay confident and keep holding or even buy more #SHIB.
$SHIB is pretty much at the bottom now, seems like it’s approaching the support zone. If it really hits that support, it’ll likely move sideways for a while before the next growth phase. Stay confident and keep holding or even buy more #SHIB .
I’m sure you won’t regret it. You… pic.twitter.com/T6Gt4SfN3g
— PEPE is friend (@pepeisfriend) June 19, 2025
Resistance Levels and Why SHIB Price Won’t Last Longer
The $10 billion market cap represents major resistance, and breaking this level would confirm why SHIB price won’t last longer at current depths. In May 2024, SHIB struggled at this threshold before retracing to $7 billion, and if reached, this resistance would price SHIB at approximately $0.00001696. This offers substantial upside for Shiba Inu’s price in 2025 outlook, and right now many traders are positioning for this potential breakout.
The analyst also stated:
I’m sure you won’t regret it. You won’t see SHIB at this price much longer. $SHIB, pump it!
Two Scenarios Explain Why SHIB Price Won’t Last Longer
Alternative analysis presents scenarios supporting why SHIB price won’t last longer at these levels, and the bullish case sees SHIB bouncing from support to target $0.00002174-$0.00002418. This would offer 80-100% gains and validate the Shiba Inu price forecast, while rewarding those who buy SHIB now during this consolidation phase.
The bearish scenario activates below $0.00001054, and this could send SHIB toward $0.00000630 support. Even this outcome suggests current levels are temporary and supports the thesis that SHIB price won’t last longer here, while traders consider whether Shiba Inu price will increase or not.
Also Read: Shiba Inu Tests Critical Support as 11T Open Interest Climbs, Exchange Delists 16 Coins
Current technical analysis confirms that SHIB price won’t last longer at $0.00001157, and support and resistance zones indicate imminent directional movement. The Shiba Inu price forecast suggests accumulation opportunities exist for those wondering whether Shiba Inu price will increase or not, and the Shiba Inu price in 2025 depends on breaking key resistance levels. At the time of writing, the setup favors those who buy SHIB now before the next major move.
