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Memecoin market gains 5% in a week, Shiba Inu leads but faces key resistance at $0.0000055.

Technical Signals
19 Sep 2026
AMBCrypto
View Source
Bullish
Memecoin market gains 5% in a week, Shiba Inu leads but faces key resistance at $0.0000055.

The memecoin market outperformed Bitcoin and Ethereum over the past week with a 5% gain, led by strong performances from Shiba Inu (SHIB), which rose 6.37% weekly. Despite recent bullish momentum, SHIB faces a critical resistance zone at $0.0000055 that it has yet to break. Technical indicators suggest a potential short-term uptrend, but sustained buying pressure and positive market sentiment are needed for a confirmed bullish shift. Traders are advised to wait for a clear breakout or consider selling near resistance levels.

Shiba Inu (SHIB) holds a market cap of Rp57,03 trillion and a 24-hour trading volume of Rp1,61 trillion on Pluang as of Sep 19, 2026, 13:21 WIB. The token's price is Rp0,0957 with a 1-day gain of 1.71%, while Pluang order activity shows a majority of 60% selling interest. This contrasts with Bitcoin and Ethereum, which have higher market caps and more buying activity, indicating a cautious stance among SHIB traders despite recent momentum.

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