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Spot outflow of Shiba Inu coins increased, and the SHIB trading price was quoted at US$0.0000532. Pr

2026-08-29 12:40:45
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Spot outflows of Shiba Inu Coin (SHIB) intensify, putting prices under pressure at US$0.0000532

As one of the largest memin cryptocurrencies, Shiba Inu Coin (SHIB) is facing increasing pressure. The latest spot flow data shows that buyers have difficulty maintaining their upward momentum. After failing to hold on to its recent rally, the token is now trading at approximately US$0.0000532, with significant net outflows in most short-term trading sessions.

Spot flow data highlights continued outflows

In the past few trading sessions, SHIB's spot market has continued to experience net outflows. Within five minutes, SHIB recorded an outflow of US$11,460. During the 15-minute and 30-minute periods, the outflow gap widened to approximately US$29,970 and US$89,170 respectively. This trend continued to outflows of $49,130 per hour.

Looking at the longer time frame, SHIB continues to show negative capital flows: a four-hour net outflow of US$75,850 and an eight-hour net outflow of US$50,970. Only a small net inflow occurred during the 12-hour period, totaling $25,430.

Negative net inflows occur when more funds leave the spot market than they enter during a period of time, which usually reflects short-term selling pressure or weakening buying interest. SHIB has continued to experience net spot outflows in almost all recent time frames, especially most evident in the shorter period, indicating that sellers have gained an advantage.

Technical Resistance and Support

Despite recent selling pressure, SHIB has retained some key technical support levels. The most significant resistance remains the long-term moving average of $0.0000572, a level the token has struggled to regain after recent attempts to rebound. In contrast, the SHIB continues to trade above the short-term moving average and currently hovers around $0.0000532.

Immediate support is concentrated in the range of US$0.0000497 to US$0.0000499, with a further moving average of US$0.0000468 providing support. Analysts believe that if buyers fail to hold on to the $0.000050 mark, SHIB may retest lows near $0.000047.

Time Period| Net inflow (USD)
5 minutes|-11,460
15 minutes|-29,970
30 minutes|-89,170
1 hour|-49,130
4 hours|-75,850
8 hours|-50,970
12 hours| 25,430

Kinetic indicators and short-term outlook

Prior to this round of volatility, SHIB experienced a sharp rise, climbing from approximately US$0.000044 to a high near US$0.0000062, before sellers stepped in. Although the recent breakthrough structure has lost momentum, it has not yet completely failed.

In terms of momentum, the Relative Strength Index (RSI) briefly entered the overbought zone, but is now close to 58, indicating that it is in a neutral position. This means that SHIB has plenty of room to move in either direction, depending on future market dynamics.

For bullish traders, returning to US$0.000055 is a near-term target, with further upside targets looking towards the US$0.000057 to US$0.000058 range and the previous high of US$0.000062. On the downside, if spot outflows continue and the US$0.000050 support level falls, prices may consolidate or face further short-term selling pressure.

Disclaimer:

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