Shiba Inu Confirms Strong Support Level... "This Is the Real Bottom Now"

▲ Shiba Inu (SHIB)

Shiba Inu (SHIB) is halting its decline and laying the groundwork for a full-fledged rebound, supported by strong buying liquidity and solid support levels.

According to cryptocurrency-focused media outlet The Crypto Basic on February 10 (local time), Shiba Inu has withstood downward pressure that persisted for several months and has captured meaningful rebound signals at key support zones. Market participants are actively defending specific price levels rather than allowing SHIB to fall indefinitely, a stance evidenced by a recent surge in trading volume during rebounds from local support.

Technical analysis shows that Shiba Inu has rebounded from a local bottom with a notable increase in trading volume. While a typical technical rebound known as a dead cat bounce usually occurs on low participation, this move stands out as it has reclaimed short-term moving averages and entered a stabilization phase. The slopes of both short- and mid-term exponential moving averages (EMAs) are flattening, suggesting that bearish momentum is losing control and the market is entering an early stage of recovery.

The Relative Strength Index (RSI) has also moved out of oversold territory into a neutral-to-optimistic range, signaling a market reset. The fact that price no longer reacts sharply to small sell-offs indicates that weak hands have largely exited the market. Experts are cautiously suggesting that Shiba Inu could achieve a “zero removal,” eliminating one decimal place from its price, within 2026.

For Shiba Inu to sustain a meaningful upward rally, consistent demand—not one-off spikes in trading volume—is essential. Following the decline, a pattern of gradually rising lows is forming, and on-chain data shows a decrease in sell volume alongside positive behavioral shifts. Momentum investors are expected to re-enter the market if SHIB holds above reclaimed support levels and attempts to break above the 50 EMA.

Shiba Inu is now seeking long-term value appreciation by moving beyond its image as a simple meme coin and expanding its technological ecosystem. Despite short-term volatility, improving network metrics and supply-demand dynamics suggest that once balance is fully stabilized, SHIB could demonstrate explosive price resilience similar to past cycles.

*Disclaimer: This article is for investment reference only, and no responsibility is assumed for any investment losses based on it. The content should be interpreted solely for informational purposes.*

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