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Shiba Inu falls below key $0.000005 support, signaling bearish trend across all timeframes

Market News
20 Oct 2026
UToday
View Source
Bearish
Shiba Inu falls below key $0.000005 support, signaling bearish trend across all timeframes

Shiba Inu (SHIB) has dropped below the critical $0.000005 support level, indicating sellers are dominating the market on daily, 4-hour, and weekly charts. The price failed to hold gains near $0.00000625 and has fallen through several moving averages that now act as resistance. The current weak momentum and low volume suggest limited buying interest, with the next support near $0.00000480 and potential further decline to $0.00000440 if that breaks. Bulls need to reclaim $0.000005 and $0.00000526 to shift the trend, but for now, the outlook remains bearish.

As of Oct 20, 2026 17:02 WIB, Shiba Inu (SHIB) trades at Rp0,0894 on Pluang, down 1.50% over the past day. This decline aligns with the news of SHIB losing key support levels. Despite a market cap of Rp52,46 trillion and a 24-hour volume of Rp725,12 million, the Pluang order activity shows a slight majority of sellers at 51%, reflecting cautious sentiment. The typical hold time of 106 days suggests many investors maintain a medium-term outlook amid current volatility.

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