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Shiba Inu struggles to sustain bullish momentum amid technical resistance and declining spot flows.

Technical Signals
04 Sep 2026
UToday
View Source
Neutral
Shiba Inu struggles to sustain bullish momentum amid technical resistance and declining spot flows.

Shiba Inu (SHIB) has shown some recovery from its August lows, currently trading around $0.00000535 and holding above a key support zone near $0.00000500. However, the token faces significant resistance at $0.00000540 and $0.00000568, limiting its upward momentum. Spot flows have turned negative, indicating tokens leaving exchanges, which could reduce sell pressure but also signal weakening bullish interest. With mixed signals from momentum indicators and futures activity, SHIB remains in a recovery phase without a clear breakout, and losing support at $0.00000500 could lead to further declines toward $0.00000480–$0.00000440.

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