SHIB Coin Shock: Is Your Dogecoin-Envious Cousin About to Be Right?

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Well folks, the market is flashing more red than my face after accidentally hitting “Reply All” at work—thanks for the shade, CoinStats.

SHIB/USD

SHIB dropped 0.76% since yesterday, or as your uncle calls it, “still not enough to be worth anything at Thanksgiving.”

Hourly chart time! SHIB’s price just broke local support at $0.00001157. Not to be dramatic, but if it closes below, prepare yourself for a bigger correction—possibly down to $0.00001140. Is it a correction, or is the universe just correcting anyone who bought SHIB at the top?

Let’s zoom out. On the bigger chart, it’s still looking as bearish as a Monday morning. If SHIB breaks support at $0.00001151 (and all signs are pointing to “yup”), we might see it wiggle down into the $0.000011 area. Will it stop there, or just keep falling forever like my self-confidence in high school? Tune in.

BUT WAIT—on the weekly chart, things are… less tragic? SHIB is hanging out inside last week’s price bar, and neither bulls nor bears have claimed victory. (Insert nature documentary narrator voice here: “And so, the SHIB waits… hoping predators do not strike while it grazes in the $0.000011-$0.00001250 range.”) Basically: probably more sideways action through June—like your workout motivation.

At press time, SHIB is worth $0.00001152, in case you need a bedtime story for your inner crypto trader. 🚀🐶

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2025-06-26 13:38