Shiba Inu is back under pressure. The token has tried to recover several times in recent months, but it remains below key resistance levels. Sellers are still setting the tone. Three technical signals now suggest another leg lower is possible, though not guaranteed.
Volume rises as price falls
One warning comes from trading volume. Recent daily candles show more selling activity as SHIB nears the $0.00000460 to $0.00000480 support area. Rising volume during a downtrend usually points to stronger seller participation. It can also mean buyers are stepping in, but that is not the clear read here. If buyers do not absorb the pressure, the token may struggle to hold current levels. A clean break below $0.00000460 could open the door to prior lows near $0.00000420. The $0.00000400 level would then matter as a psychological support zone.
RSI remains weak
The Relative Strength Index offers another cautious signal. On the daily chart, RSI has moved toward the lower end of its neutral range. That reflects fading momentum. SHIB is getting closer to oversold territory, but oversold does not always mean a bounce is near. In long downtrends, RSI can stay low while price keeps sliding. A sustained move below 30 would confirm stronger bearish momentum. I think traders will watch that level closely because it could increase the chance of another downward move.
Moving averages keep bearish bias
The moving average setup also looks unfavorable. SHIB trades below several important averages, including its longer-term trend measure. Shorter-term averages are turning lower, which raises the chance of more bearish crossovers. Those signals would reinforce the current downtrend and might keep buyers on the sidelines. For the technical picture to improve, SHIB needs to reclaim the $0.00000520 to $0.00000560 region. That zone is now a key resistance area. Until then, rallies may face selling pressure.
With volume increasing on declines, RSI weakening, and moving averages aligned to the downside, SHIB faces real downside risk. The first targets are $0.00000460 and $0.00000420. A deeper move could test $0.00000400. A recovery would need stronger buying volume and a break back above overhead averages. Without that, the path of least resistance still looks lower.
