{"id":25684,"date":"2025-06-02T11:30:46","date_gmt":"2025-06-02T11:30:46","guid":{"rendered":"https:\/\/cryptd.in\/shiba-inu-crash-to-calm-is-shib-forming-a-base-below\/"},"modified":"2025-06-02T11:30:46","modified_gmt":"2025-06-02T11:30:46","slug":"shiba-inu-crash-to-calm-is-shib-forming-a-base-below","status":"publish","type":"post","link":"https:\/\/cryptd.in\/cs\/shiba-inu-crash-to-calm-is-shib-forming-a-base-below\/","title":{"rendered":"Shiba Inu Crash To Calm \u2013 Is SHIB Forming A Base Below?"},"content":{"rendered":"<p>Shiba Inu (SHIB) recently endured a sharp sell-off, plummeting from $0.00001500 to $0.00001250 between May 29-30, evident in the volume spike during the drop. However, the subsequent slower recovery and declining volume suggest the <a href=\"https:\/\/x.com\/MabMan338\/status\/1929393638058156279\" target=\"_blank\" rel=\"noopener nofollow\">meme coin<\/a> may now be entering a consolidation phase, quietly forming a potential base below recent highs.<\/p>\n<h2>A Breakdown Of The May 29-30 Drop<\/h2>\n<p>According to a recent <a href=\"https:\/\/x.com\/MabMan338\/status\/1929393638058156279\" target=\"_blank\" rel=\"noopener nofollow\">update<\/a> by Crypto Man MAB on X, SHIB continues to show signs of weakness in the short and long term. The meme coin is currently trading at $0.00001266, reflecting a modest +0.47% decline in the past 24 hours. In a larger time frame, SHIB has lost 3.80% over the past 30 days and a significant 54.73% over the last 180 days, underlining a persistent <a href=\"https:\/\/www.newsbtc.com\/shiba-inu\/shiba-inu-grapples-with-heavy-bearish-forces\/\" target=\"_blank\" rel=\"noopener \">bearish<\/a> trend.<\/p>\n<p>From a technical standpoint, the chart reveals a sharp price drop between May 29 and May 30, where SHIB fell swiftly from the $0.00001500 region down to $0.00001250. This sudden decline points to intense selling pressure, likely driven by broader <a href=\"https:\/\/www.newsbtc.com\/shiba-inu\/shiba-inu-to-hit-0-00001272\/\" target=\"_blank\" rel=\"noopener \">market<\/a> uncertainty or profit-taking. However, the price has since found some footing, showing early signs of stabilization and potential consolidation in the lower range.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-large wp-image-763387\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/06\/Shiba-Inu-chart-from-Crypto-Man-MAB.jpg?w=512&amp;resize=512%2C473\" alt=\"Shiba Inu\" width=\"512\" height=\"473\" loading=\"lazy\" \/><\/p>\n<p>During the steep decline, volume analysis shows a notable spike in trading activity, suggesting panic selling or large-scale exits by holders. However, volume has tapered off following the drop, which often signals that selling activity is cooling down.<\/p>\n<p>Overall, Shiba Inu appears to be hovering in a consolidation zone, and key support or <a href=\"https:\/\/www.newsbtc.com\/shiba-inu\/shiba-inu-price-to-0-000045\/\" target=\"_blank\" rel=\"noopener \">resistance<\/a> levels must be tested before the next major move unfolds. Whether the market will witness a bounce or further breakdown could depend on broader sentiment and if buyers step back in with conviction.<\/p>\n<h2>Support And Resistance In Shiba Inu\u2019s Recent Performance<\/h2>\n<p>Crypto Man MAB observed that SHIB has found short-term <a href=\"https:\/\/www.newsbtc.com\/shiba-inu\/will-shiba-inu-reclaim-0-00001272\/\" target=\"_blank\" rel=\"noopener \">support<\/a> around $0.00001250 after its recent drop, suggesting selling pressure has eased. Meanwhile, key resistance sits between $0.00001350 and $0.00001400, where Shiba Inu previously struggled to move higher.<\/p>\n<p>The 24-hour price range remains tight, fluctuating between $0.00001257 and $0.00001308. However, the sharp decline seen earlier still signals caution, especially with volume dropping off during the consolidation phase. Overall, the sentiment stays bearish. Without a clear <a href=\"https:\/\/www.newsbtc.com\/meme-coins\/double-trouble-or-double-gains-shiba-inu-shows-signs-of-reversal\/\" target=\"_blank\" rel=\"noopener \">reversal<\/a> or breakout, the current trend favors the bears, and further downside risk can\u2019t be ruled out.<\/p>\n<p>In conclusion, the analyst noted that Shiba Inu remains in a bearish trend, currently consolidating near the $0.00001250 support. A <a href=\"https:\/\/www.newsbtc.com\/shiba-inu\/shiba-inu-above-100-day-ma\/\" target=\"_blank\" rel=\"noopener \">breakout<\/a> above $0.00001350 could signal renewed bullish momentum, while a drop below $0.00001250 may lead to further downside. Monitoring volume and overall market sentiment is key to confirming the next move.<\/p>\n<p><img decoding=\"async\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/qrCMC1qZ\/\" alt=\"Shiba Inu\" width=\"2084\" height=\"1242\" loading=\"lazy\" \/><\/p>","protected":false},"excerpt":{"rendered":"<p>Shiba Inu (SHIB) recently endured a sharp sell-off, plummeting from $0.00001500 to $0.00001250 between May 29-30, evident in the volume spike during the drop. However, the subsequent slower recovery and declining volume suggest the meme coin may now be entering a consolidation phase, quietly forming a potential base below recent highs. A Breakdown Of The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":25686,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-25684","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Shiba Inu Crash To Calm \u2013 Is SHIB Forming A Base Below? - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/cs\/shiba-inu-crash-to-calm-is-shib-forming-a-base-below\/\" \/>\n<meta property=\"og:locale\" content=\"cs_CZ\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shiba Inu Crash To Calm \u2013 Is SHIB Forming A Base Below? - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"Shiba Inu (SHIB) recently endured a sharp sell-off, plummeting from $0.00001500 to $0.00001250 between May 29-30, evident in the volume spike during the drop. 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