Shiba Inu (SHIB) Price at Make-or-Break Moment: This Key Level Will Determine the Next Direction
Shiba Inu (SHIB) price has been trading sideways for the last one month, moving between $0.000011 and $0.00000835. Now, it is testing a level that could decide if it climbs higher or falls back.
Data shared by TheCryptoBasic shows SHIB hovering around $0.00000989 after gaining roughly 11% in the past seven days. That bounce caught traders’ eyes, especially with broader market sentiment still mixed. Momentum looks steady for now, though the real test is unfolding at a critical price zone.
What you'll learn 👉
Shiba Inu Price Sits on Crucial Support
The current chart places SHIB price right on the $0.00000959 level, a zone that’s been acting as a strong line of defense. It lines up with the 0.382 Fibonacci retracement mark, making it technically important.
As TheCryptoBasic notes, a bounce from this point helped the Shiba Inu token recover slightly and climb above $0.00000988. Buyers have shown up here more than once, and that’s no coincidence. Each reaction near this area adds weight to it as a key decision point.
If SHIB stays above $0.00000959, it could rise. If it falls, it may drop to $0.00000880 or $0.00000839. Right now, SHIB is quiet. This pause often comes before a big move.
MACD Suggests Short-Term Positivity for Shiba Inu
The MACD indicator on TradingView reflects a slight bullish crossover, which lines up with the latest uptick. The histogram has turned green, hinting that momentum is leaning positive.
Still, as pointed out by TheCryptoBasic, price climbs like this can lose energy fast if not supported by steady consolidation. When coins rise too quickly, exhaustion follows, often sending prices back down for a reset.
Speaking about Shiba Inu, James Waynn, a community figure on X, has shared his thoughts on the potential of a bull run. He believes that the bullish case for SHIB is building, suggesting that significant gains could be seen in the next bull cycle.
— TheCryptoBasic (@thecryptobasic) November 12, 2025
According to Waynn, a key…
The $0.00000959 level is very important. It’s not just a line on the chart. It could decide if SHIB’s momentum grows or fades.
Shibarium’s Expanding Role in SHIB’s Story
The broader Shiba Inu ecosystem is quietly maturing. Community figure James Waynn told TheCryptoBasic that Shibarium, the project’s Layer-2 network is laying the groundwork for stronger growth.
As Shibarium continues to attract users and decentralized applications, more transactions are burning SHIB tokens, slowly reducing circulating supply. That mechanism could add a long-term advantage for the SHIB token, creating balance between demand and availability.
Waynn believes the combination of token burns and ecosystem development makes SHIB’s next bull cycle worth watching closely.
Read Also: Massive Ethereum (ETH) Upgrade Ahead: Can This Finally Trigger the Altcoin Season?
Where SHIB Price Goes from Here
The coming days may decide which side takes control. Holding above $0.00000959 would show that bulls still have strength, possibly allowing SHIB to retest higher levels. A break beneath it could pull the price toward the lower Fibonacci zones that have acted as recovery points before.
Insights from TheCryptoBasic emphasize that this level is where the next trend could take shape. Everything now depends on whether SHIB can defend its floor long enough to draw fresh interest.
Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.
