crypto-economy.com
TL;DR
- SHIB rises 22% weekly despite a recent 24-hour price dip.
- Key resistance sits at $0.000010; a breakout confirms trend change.
- Targets extend to $0.000025 in Q2 with a stable breakout.
Shiba Inu (SHIB) slips over 24 hours while total crypto market value nears $3.17 trillion. Even so, SHIB advances 22% on the week and recovers traction after a rough 2025 with a 60% drawdown. Price action now shows a cleaner setup: the relative strength index (RSI) lifts out of oversold territory and holds above 50, a sign of steady bid in short-term ranges.
Price compresses after months of wide swings and prints higher lows on mid-timeframe charts. A compact pennant forms and narrows into a defined trigger. Traders track resistance at $0.000010 as the first gate. A close above that line with rising volume would confirm range exit and invite follow-through.
35.6M $SHIB has been quietly withdrawn from Binance over the final 5 months of 2025, signaling sustained exchange outflows 🐕
This accumulation occurred while price sits on a long-term support zone, historically linked to demand absorption 🧱
October marked the peak, with over… pic.twitter.com/UYpuk5PMxz— CryptoOnchain (@CryptoOnchain) January 6, 2026
Technical levels and flow map
Market desks monitor daily closes above prior intraday highs, sustained buying delta, and shallow pullbacks as confirmation filters. Without those factors, price often rotates back into the channel and punishes late entries. The working map stays clear: near-term support at $0.0000092–$0.0000094, primary resistance at $0.000010, and step-up targets beyond the trigger.
A clean break can project toward $0.000025 during Q2, with extension to $0.000036 during H2, assuming persistent liquidity and a stable tone in broader risk assets. Traders define invalidation on a firm loss of $0.0000090, especially if upper wicks expand and follow-through fades. That pattern often signals profit taking after expansion candles.
Energy prices ease, select equity indices grind higher, and geopolitical tension caps risk appetite in certain windows. Within that backdrop, SHIB pulls back less than several large altcoins and more than BTC and ETH—a typical profile when memecoins shift from impulsive bursts into testing phases.
On-chain fundamentals remain intact
ShibaSwap and Shibarium operate as functional rails, though reported volumes stay modest. The brand retains a large base of retail holders and elevated presence in derivatives, conditions that often magnify both rallies and retracements.
Flow remains the hinge: net additions in perpetuals with stable funding, plus spot bids on dips, support continuation; coordinated outflows and falling open interest remove thrust.