Shiba Inu price target discussions are shifting focus as SHIB futures open interest climbs to 11.46 trillion tokens while the meme coin tests crucial support levels. The Shiba Inu price target outlook faces uncertainty amid crypto delisting news affecting 16 trading pairs, and also technical indicators showing mixed signals for the next SHIB price breakout attempt.
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SHIB Price Target in Focus After 11T Volume and Delisting News
At the time of writing, SHIB futures open interest has climbed by 4.86% as traders committed over 11.46 trillion tokens worth $147.27 million. However, the Shiba Inu price target outlook is facing some challenges right now with SHIB testing crucial support at $0.00001167 and also the next level at $0.00001061.
According to the CoinGlass data, Gate.io dominated SHIB futures activity, and they accounted for 56.9% of total open interest with $83.80 million committed. This massive Shiba Inu trading volume activity indicates strong trader confidence, although current price pressures are also creating some uncertainty.
Exchange Delisting Creates Market Uncertainty
OKX announced the delisting of 16 cryptocurrency trading pairs effective June 20, 2025, from 8:00 a.m. to 10:00 a.m. UTC. The crypto delisting news affects ALCX, NULS, MDT, BORA, CTXC, XNO, VENOM, and also RADAR pairs, potentially redirecting trading volume toward established tokens like SHIB.
The exchange suspended deposits for delisted assets on June 16, and withdrawals will stop on September 20, 2025. This consolidation could impact the broader Shiba Inu price target as liquidity shifts toward remaining cryptocurrencies, and also as traders reassess their positions.
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Technical Levels Show Mixed Signals
Despite the impressive Shiba Inu trading volume activity, SHIB is facing some critical technical challenges right now. The token must hold above $0.00001167 to avoid testing the next support at $0.00001061, and also to maintain any bullish momentum for future Shiba Inu price target objectives.
Current market data shows SHIB trading at $0.00001151, down 5.60% in 24 hours. The RSI is around 35, indicating oversold conditions, while the token trades below key EMA levels, and this creates mixed signals for the next SHIB price breakout attempt.
OKX has announced the official delisting of the following trading pairs on June 20, 2025, from 4:00 to 6:00 PM (UTC+8): ALCX/USDT, ALCX/USD, NULS/USDT, NULS/USD, MDT/USDT, MDT/USD, BORA/USDT, BORA/USD, CTXC/USDT, CTXC/USD, XNO/USDT, XNO/USD, VENOM/USDT, VENOM/USD, RADAR/USDT,…
— Wu Blockchain (@WuBlockchain) June 16, 2025
The combination of record futures activity and also exchange consolidation creates a complex environment for achieving the next Shiba Inu resistance level breakthrough. While trading volume suggests some bullish sentiment, technical indicators are warning of potential further declines without strong support level defense, and also continued market uncertainty.
