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Shiba Inu (SHIB) drops 5.72%, testing key support levels after recent Solana listing.

Technical Signals
07 Oct 2026
Tokenpost
View Source
Bearish
Shiba Inu (SHIB) drops 5.72%, testing key support levels after recent Solana listing.

Shiba Inu (SHIB) fell 5.72% within 24 hours to about $0.00000545, reversing gains near $0.00000625 and approaching critical technical support at $0.00000530. The token's trading volume surged 199% to $101 million following its listing on Solana via Sunrise on October 4, though this increased activity did not prevent the price decline. Analysts are watching whether SHIB can hold above $0.00000530 to avoid further drops, with downside risks at $0.00000450 and potential upside targets at $0.00000650 and $0.00001000 if the current range holds.

As of Oct 07, 2026 20:32 WIB, Shiba Inu (SHIB) trades on Pluang at Rp0.0971, down 7.50% in the last day. The token's market cap stands at Rp57.45 trillion with a 24-hour trading volume of Rp1.55 trillion. Notably, 63% of Pluang users are selling SHIB while 37% are buying, and the typical hold time is 106 days.

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Shiba Inu (SHIB) formed a rare Golden Cross on its daily chart, signaling a potential bullish trend for the first time since November 2024. However, this technical breakout quickly met heavy selling pressure, causing a 5.72% price drop and triggering...

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