You Won’t Believe What Must Happen for Shiba Inu to Recover—Is $0.0000136 the Magic Number?

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  • The whimsical wonder known as Shiba Inu tried its best but couldn’t keep up with Bitcoin’s sprint these fortnightly laps. 🏃‍♂️🐕
  • Demand for SHIB was so low, you’d think buyers went on holiday—and distribution vibes? More scattered than breadcrumbs at a duck pond.

The memecoin market, ladies and gentlemen, resembles a jelly pudding that refuses to wiggle upwards—three weeks of near-zero acrobatics.

Picture it: Just a month ago, the meme marketplace sat gloriously at $59.6 billion, all plump and rosy-cheeked. Today? A slightly less perky $54.72 billion, wobbling aimlessly like Aunt Mildred trying to find her spectacles.

Our plucky hero Shiba Inu [SHIB] has been pacing back and forth in the same hallway since March, occasionally barking at shadows. No wonder it’s lost its bark—attempted a grand escape in May, tripped, and landed right back at the lower rungs ($0.0000111) for a nap.

Don’t worry, SHIB fans, your favorite token isn’t alone. Even Bitcoin [BTC] is playing it cool, doing the cha-cha between $101.5K and $109.5K. No one wants to commit—classic dance floor move, honestly.

Alas, Shiba Inu’s two-week performance next to Bitcoin? Think “tortoise vs. hare,” only the tortoise took a detour to smell the roses (and then fell asleep). Demand—for SHIB, not roses—is as light as invisible ink. Whoops.

Short version—SHIB’s outlook? More gloomy than English weather. Time to pull out your raincoat, bulls!

Bullish Dreams Meet Their Villainous Foes 🤺

See this range (in bright white)? It stretches from $0.0000111 (a thrilling basement) to $0.0000142 (the penthouse), with a mid-floor grumpy guard at $0.0000126 just refusing passage.

Now, as of this very moment, the structure is as bearish as a grizzly after nap time. To flip the script, the price must clamber past $0.0000136 (shaded cyan, the most stylish color for a breakout).🎈

Sadly, the indicators are less convinced than a child told vegetables taste like candy. Trading volume in 2025? Lower than the mood at a dentist’s office, compared to the raucous party that was November-December 2024.

Sellers, meanwhile, are running a marathon, with the OBV slumping from one disappointment to another. Not even a whiff of sustained demand for our canine crusader.

In other words, SHIB breaking free from this range is as likely as Grandma winning a breakdancing contest.

If you’re an investor, perhaps stare longingly at Bitcoin, hoping it does something dramatic. If BTC gallops into the sunset, maybe, just maybe, a few crumbs will fall to the memecoin crowd. Stranger things have happened—just ask your uncle who swears he saw Bigfoot.

Shiba Inu’s Mean Coin Age has withered since May. Once there was noble accumulation—a classic bedtime fairytale. Now? Old coins are rolling off the assembly line, eager to see the world (and be sold off). Distribution is the name of today’s matinee.

The MVRV ratio? Still stuck in “Ouch!” territory—holder portfolios are redder than a lobster at the beach. As for Age Consumed? It spiked magnificently in early June—a selling party like no other—then fizzled as quickly as it started.

Add up all these clues and you get a bearish recipe Gordon Ramsay wouldn’t serve his worst enemy. Yet, lo! Hope flickers—the price is lounging in a prime demand zone near the range low. Could a short rally peep over the horizon?

Eyes on $0.0000136, folks! That’s your magical, glittering unlock. If SHIB can vault it, maybe, just maybe, you’ll get your breakout—and not just another soggy bedtime story.

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2025-07-05 04:14