Shiba Inu (SHIB) Price Prediction for June 2025: Bearish Breakdown Threatens Key Support Zone
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The Shiba Inu price today is trading near $0.00001333, slipping further into a downward spiral as bearish pressure intensifies. Over the past week, the meme coin has failed to hold above the critical $0.00001400 mark, confirming a breakdown from its prior consolidation range. Technical indicators across multiple timeframes suggest that Shiba Inu price is likely to face continued volatility in early June, with key support levels now at risk. What’s Happening With Shiba Inu’s Price? Shiba Inu price forecast (Source: TradingView) The recent Shiba Inu price action shows a clear rejection near the $0.00001580 level in mid-May, followed by a steady decline toward the 0.618 Fibonacci retracement at $0.00001309. This zone, previously considered structural support from the March–May rally, has now been breached intraday, intensifying bearish momentum. Shiba Inu price forecast (Source: TradingView) The daily chart also highlights a series of lower highs forming since early May. With sellers regaining control near each bounce, the broader structure is now tilting bearish. Meanwhile, the trendline support from April has also been invalidated, adding to the case for … The post Shiba Inu (SHIB) Price Prediction for June 2025: Bearish Breakdown Threatens Key Support Zone appeared first on Coin Edition .
Source: Coin Edition
