
Once again, Shiba Inu (SHIB) holders are having their nerves tested as the popular meme token plunges deeper into its lowest trading range in over a year. Both the monthly and weekly Bollinger Bands are compressing, pushing the price closer to the lower boundary of $0.0000062. Breaching this level could trigger a 35% drop from the current price of around $0.0000096. This pattern has been developing since late summer. Each slight increase has been limited to the midband around $0.000012 — suggesting that short-term investors are reactive rather than aggressive and that there is more interest in protecting against losses than in accumulating SHIB. The long-term chart is even more troubling. SHIB has had seven red candles out of the last nine since peaking near $0.000030 in early 2024. Each month it has printed below its 2023 average for the first time since then, which historically has preceded big drops. SHIB price history bearish too November has statistically been a losing month for SHIB, with a median return of -3.8% and an average of -1.4%. December averages are even weaker. Combined with reduced on-chain burn activity and thinning spot volumes across Binance and Coinbase pairs, this suggests that traders may be preparing for one final capitulation wave before any meaningful rebound. Unless Shiba Inu coin reclaims the $0.0000122 resistance band with clear conviction, the indicators predict a retest of the $0.000006 support level. This retest is not just possible; it is the base case for another potential 35% correction phase before the end of 2025.
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