Shiba Inu Rejected at $0.00001—Is a Move Toward $0.000015 Still Possible This Month?

With the start of 2026, the crypto markets have turned largely bullish. Memecoins, specifically, have seen significant rises, while the Shiba Inu price

Source: X

Several technical elements stand out:

Price has reclaimed short-term momentum after defending the lower range.
Volume expanded on the rebound, indicating active dip buying.
OBV has turned higher, suggesting accumulation rather than a dead-cat bounce.

However, SHIB remains below key moving averages clustered between $0.0000108 and $0.0000110, which means the broader trend has not flipped bullish yet. For now, this is a relief rally within a larger consolidation, not a confirmed breakout.

What the Two Charts Say Together

Viewed in isolation, today’s move could be dismissed as a routine bounce. Taken together, the charts tell a stronger story:

Whales continue to absorb supply, limiting downside risk.
Price is reacting positively from a well-defined support zone.
Selling pressure appears exhausted, at least in the short term.

This combination explains why SHIB is rising today without any major news catalyst. The market is responding to positioning and structure, not headlines.

As long as the Shiba Inu price holds above the $0.0000080 region, buyers are likely to defend dips. A move back toward $0.0000108–$0.0000110 would be the next logical test, where sellers may re-emerge. Failure to reclaim that zone would keep the SHIB price range-bound, while a breakdown below support would weaken the current setup.

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