{"id":8189,"date":"2026-04-07T15:00:41","date_gmt":"2026-04-07T15:00:41","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=8189"},"modified":"2026-04-07T15:00:41","modified_gmt":"2026-04-07T15:00:41","slug":"shiba-inu-price-outlook-turns-bearish-as-shib-struggles-below-0-0000060","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=8189","title":{"rendered":"Shiba Inu price outlook turns bearish as SHIB struggles below $0.0000060"},"content":{"rendered":"<p><\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/04\/Shiba-Inu-token-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/04\/Shiba-Inu-token-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/04\/Shiba-Inu-token-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/04\/Shiba-Inu-token-smartcrop-363x181.png\" type=\"image\/jpeg\"\/><img decoding=\"async\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/04\/Shiba-Inu-token.png\" alt=\"\" width=\"100%\" height=\"100%\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Shiba Inu (SHIB) faces selling pressure amid rising exchange inflows.<\/li>\n<li>The SHIB price remains stuck below the key $0.0000060 resistance.<\/li>\n<li>Breakdown below the support at $0.0000053 may trigger a drop below $0.0000050.<\/li>\n<\/ul>\n<p>The price outlook for Shiba Inu (SHIB) is starting to tilt bearish as the token continues to struggle below the $0.0000060 level.<\/p>\n<p>Recent price action shows that despite a brief attempt to push higher, momentum has faded quickly, leaving SHIB trading near $0.0000058.<\/p>\n<p>Over the past 24 hours, SHIB has declined by around 3%, underperforming a weak crypto market.<\/p>\n<p>While the broader crypto market pullback has played a role, the weakness in SHIB appears more pronounced, suggesting that internal factors are also driving the decline.<\/p>\n<h2>Selling pressure and fading confidence weigh on SHIB<\/h2>\n<p>One of the clearest signals behind SHIB\u2019s weakness is the sharp drop in derivatives activity.<\/p>\n<p>Shiba Inu\u2019s Open interest has fallen significantly from its earlier highs, pointing to a steady exit of traders from leveraged positions.<\/p>\n<figure id=\"attachment_363960\" aria-describedby=\"caption-attachment-363960\" class=\"wp-caption alignnone\"><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"wp-image-363960 size-full\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/04\/Shiba-Inu-open-interest.png\" alt=\"SHIB OI\" width=\"1428\" height=\"493\"\/><figcaption id=\"caption-attachment-363960\" class=\"wp-caption-text\">Source: Coinglass<\/figcaption><\/figure>\n<p>At the same time, on-chain activity shows a noticeable increase in tokens moving onto exchanges.<\/p>\n<p>This trend is typically associated with selling intentions, as traders transfer assets to trading platforms when they plan to liquidate positions.<\/p>\n<p>The combination of falling open interest and rising exchange inflows creates a strong bearish undertone.<\/p>\n<p>This shift in behaviour suggests that the market is gradually leaning toward distribution. Without a reversal in these flows, it becomes difficult for the price to sustain any meaningful upside.<\/p>\n<h2>Broader market weakness adds to downside risk<\/h2>\n<p>The performance of Bitcoin has also played a role in SHIB\u2019s recent decline. As the leading cryptocurrency edges lower, risk appetite across the market has weakened.<\/p>\n<p>As a result, speculative assets like Shiba Inu (SHIB) tend to face greater pressure.<\/p>\n<p>There is also clear evidence of capital rotating away from altcoins. Traders appear to be moving into more stable assets or stepping away from the market altogether.<\/p>\n<p>This shift has hit meme coins particularly hard, as they rely heavily on strong sentiment and active participation.<\/p>\n<p>As a result, SHIB is not just dealing with its own internal challenges but also navigating a less supportive macro environment.<\/p>\n<h2>Resistance holds firm as price struggles to break higher<\/h2>\n<p>Technically, SHIB remains trapped below a key resistance zone between $0.0000060 and $0.0000063.<\/p>\n<p>Several attempts to push above this range have failed, with sellers consistently stepping in to cap gains.<\/p>\n<p>A closer look at the price structure shows that SHIB is currently consolidating within a narrow band.<\/p>\n<p>Support is forming around $0.0000052\u2013$0.0000053, while resistance remains firmly overhead.<\/p>\n<p>This range has tightened in recent sessions, reflecting a market that is waiting for a decisive move.<\/p>\n<figure id=\"attachment_363959\" aria-describedby=\"caption-attachment-363959\" class=\"wp-caption alignnone\"><img decoding=\"async\" data-source=\"CoinJournal\" class=\"wp-image-363959 size-full\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/04\/SHIBUSDT-price-chart.png\" alt=\"Shiba Inu struggles below $0.0000060\" width=\"1367\" height=\"907\"\/><figcaption id=\"caption-attachment-363959\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<p>Notably, the inability to reclaim $0.0000060 is particularly important. This level has acted as a short-term barrier, and until it is flipped into support, any upward movement is likely to remain limited.<\/p>\n<p>For now, the balance of risks appears tilted to the downside.<\/p>\n<p>The ongoing selling pressure, combined with weakening market participation, suggests that SHIB may continue to struggle unless conditions change.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>Analysis,Markets,Shiba Inu News#Shiba #Inu #price #outlook #turns #bearish #SHIB #struggles1775574041<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shiba Inu (SHIB) faces selling pressure amid rising exchange inflows. The SHIB price remains stuck below the key $0.0000060 resistance. Breakdown below the support at $0.0000053 may trigger a drop below $0.0000050. The price outlook for Shiba Inu (SHIB) is starting to tilt bearish as the token continues to struggle below the $0.0000060 level. Recent<\/p>\n","protected":false},"author":1,"featured_media":8190,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":{"0":"post-8189","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eurozone"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Shiba Inu price outlook turns bearish as SHIB struggles below $0.0000060 - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"description\" content=\"All signs point to more losses as Shiba Inu price struggles below $0.0000060 amid selling pressure and weak momentum.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=8189\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shiba Inu price outlook turns bearish as SHIB struggles below $0.0000060\" \/>\n<meta property=\"og:description\" content=\"All signs point to more losses as Shiba Inu price struggles below $0.0000060 amid selling pressure and weak momentum.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=8189\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-07T15:00:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/04\/Shiba-Inu-token-1024x683.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"683\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=8189\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=8189\",\"name\":\"Shiba Inu price outlook turns bearish as SHIB struggles below $0.0000060 - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=8189#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=8189#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/04\/Shiba-Inu-token.png\",\"datePublished\":\"2026-04-07T15:00:41+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"description\":\"All signs point to more losses as Shiba Inu price struggles below $0.0000060 amid selling pressure and weak momentum.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=8189#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=8189\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=8189#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/04\/Shiba-Inu-token.png\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/04\/Shiba-Inu-token.png\",\"width\":1536,\"height\":1024},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=8189#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Shiba Inu price outlook turns bearish as SHIB struggles below $0.0000060\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto &amp; 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