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Shiba Inu struggles below key $0.00000511 level, recovery depends on breakout and volume.

Technical Signals
20 Oct 2026
Tokenpost
View Source
Neutral
Shiba Inu struggles below key $0.00000511 level, recovery depends on breakout and volume.

Shiba Inu (SHIB) price fell below the critical $0.00000511 recovery level on Oct. 19, trading at around $0.000004969. For a recovery to $0.00000554, SHIB must break and hold above $0.00000511 with daily volume exceeding $47.83 million. Technical analysis shows SHIB faces resistance at multiple moving averages and a pattern of lower highs and lows since Oct. 12, making a strong rebound challenging. A drop below $0.00000480 could lead to further declines, while surpassing $0.00000499 would negate the downside risk.

Shiba Inu trades at Rp0.0918 on Pluang as of Oct 21, 2026 00:23 WIB, showing a 1.54% gain in the past day. Despite the news highlighting SHIB's struggle to surpass the $0.00000511 recovery level, Pluang data shows a balanced order activity with 51% selling and 49% buying. The token's market cap stands at Rp53.65 trillion, supported by a 24-hour trading volume of Rp816.07 million, indicating active participation among investors.

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