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Shiba Inu's recent 12x volume rally loses momentum, risking a price pullback below key support levels.

Technical Signals
27 Jul 2026
UToday
View Source
Neutral
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Shiba Inu (SHIB) experienced a sharp rally with a 12-fold spike in trading volume, pushing its price above recent resistance levels. However, momentum is fading as buyers struggle to maintain gains, with the price now testing critical support around $0.00000500. The 200-day moving average near $0.00000600 remains a significant resistance point, and a failure to hold support at $0.00000445 could lead to a deeper decline. Overbought conditions suggest a cooling period, making the near-term trend uncertain as traders watch if SHIB can sustain its breakout or if the rally will fade.

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