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Shiba Inu falls below key support, hitting new lows with strong bearish momentum.

Technical Signals
05 Jun 2026
AMBCrypto
View Source
Bearish
pluang ai news

Shiba Inu (SHIB) dropped 7.5%, breaking below its September 2021 low and a major support level, signaling continued downward pressure. Despite the price decline, trading volume rose 12% to $146 million, showing active investor interest. Market data indicates strong bearish sentiment with short sellers dominating and top holders reducing their positions significantly. If SHIB fails to recover above $0.0000053, further declines are expected in the near term.

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