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Shiba Inu currency is under pressure again, capital outflows intensify

2026-08-29 12:40:19
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Shiba Inu faces new pressure from intensified capital outflows

Shiba Inu's recent attempt to rebound has encountered increasing selling pressure, and its price is currently hovering around US$0.00000532. Short-term spot flow data shows buyers are facing a difficult situation in maintaining control of the market. Among the eight short-term monitoring periods, seven showed negative net inflows, indicating that the amount of funds leaving the SHIB market exceeded the amount of funds inflows.

What does the spot flow data reveal?

Spot flow data showed significant capital outflows. In just five minutes, the net outflow reached minus US$11460, expanded to minus US$29970 in 15 minutes, and reached minus US$89170 in 30 minutes. Within one hour, the net outflow reached minus $49130, a pattern that continues in a longer time dimension.

Data for the four-hour window showed a net outflow of minus US$75850 and minus US$50970 for the eight-hour window. The only exception was the twelve-hour window, during which a moderate positive inflow of approximately $25430 was achieved. Shiba Inu, as a meme based on the Ethereum network, is known for its community influence.

Negative net inflows across seven short-term periods indicate that more funds are flowing out of the SHIB spot market than inflows.

What does the chart tell us?

Price trends confirm this statement. SHIB recently climbed from approximately US$0.000044 to US$0.000062, but this rise was short-lived and sellers quickly pulled the price back. The main resistance level is at the long-term moving average of approximately $0.0000572.

The token is still trading above the short-term moving average of around $0.0000532. Initial support was determined to be between US$0.0000497 and US$0.0000499, with another treaty moving average of US$0.0000468 providing additional support.

Current observations highlight the weakness of recent breakout trends, although the overall structure has not yet completely failed. The Relative Strength Index (RSI) has retreated from the overbought region and stabilized at around 58, indicating that the SHIB has room for two-way fluctuations.

--Rebuilding strength faces the challenge of quickly recovering US$0.000055.
--The next target range is $0.000057 to $0.000058.
--Failure to hold US$0.000050 may cause the price to fall towards US$0.000047.
--Continued negative spot flows increase the possibility of further pressure in the short term.

If buyers succeed in regaining key levels, the recent high of $0.000062 may return to the spotlight. Conversely, continued negative spot flows and a break below the US$0.000050 support level may signal a further correction to US$0.000047. Current data suggests that the market is more likely to show a stable or sustained pressure trend than to immediately continue the upward trend.

Disclaimer:

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