Shiba Inu Price Prediction: SHIB Hits ’Mega Support’ – Is a Full Recovery Next?

Shiba Inu finds a floor. After a punishing slide, the dog-themed token slams into what one prominent trader calls a 'mega support' level. The bounce is sharp, immediate—traders are watching to see if it holds.

Anatomy of a Bounce

The charts tell a story of relief. That critical support zone, a price point where buying pressure has historically overwhelmed selling, just triggered a classic reversal pattern. It's a technical lifeline for a battered asset. The question now shifts from 'how low?' to 'how high can it climb from here?'

The Path to Recovery

A full recovery isn't a straight line—it's a series of higher lows and conquered resistance levels. Market sentiment, that fickle beast, needs to shift from fear to cautious greed. Broader crypto momentum must cooperate, unlike those traditional finance portfolios still nursing losses from last quarter's 'sure thing.' For SHIB, the next major test is reclaiming its recent trading range. Failure to do so could see it revisiting that freshly tested support, turning a springboard into a trampoline heading down.

One thing's clear: the meme coin narrative is evolving. It's no longer just about hype; it's about surviving the downturns and capitalizing on the rebounds. This bounce is the first chapter of that comeback story—or a brief pause before the next leg down.

Shiba Inu Daily Chart Confirms Relevance of $0.0000080 Support

Meme coins as a whole have experienced a significant downturn, except for a handful of exotic tokens like MemeCore (M) or Pippin (PIPPIN).

Confirming Crypto Patel’s view, the price of SHIB has bounced multiple times off the $0.0000080 area in the past few weeks, but none of these bounces have been strong enough to reverse the token’s downtrend.

Today, the market seems to be embarked on another trip to this key price zone. If we get another bounce, this could confirm the strength of this floor, and SHIB could start its engines to rally back to $0.000010 in the NEAR term.

The Relative Strength Index (RSI) has been jumping up and down the 14-day moving average, but the indicator has failed to climb above the mid-line, meaning that positive momentum has not yet gained enough traction.

This seems to be a critical week for SHIB as it approaches this key support from which the token has bounced strongly in the past.

As investors wait for how the price action unfolds, top crypto presales like Maxi Doge ($MAXI) continue to capture investors’ attention. This meme coin has raised over $4 million in a heartbeat to launch a community-centered token that reunites risk-trading ‘degens’.

Maxi Doge ($MAXI) Presale Brings High-Leverage Traders Together

Maxi DOGE ($MAXI) takes one of crypto’s most recognizable memes and repurposes it for traders who enjoy taking big risks in the market in exchange for high rewards.

This project is all about growing a community with a shared mindset. To achieve this, it adds a ‘gamification’ LAYER through weekly competitions and themed challenges, highlighting top performers and rewarding engagement.

Holding $MAXI also opens the door to an idea hub through which retail traders can share their best setups, ideas, and lessons learned from trading in the fast-paced meme coin space. Instead of going it alone, participants tap into a collective intelligence shaped by real market action.

The token runs on ethereum as an ERC-20 token, meaning a lighter energy footprint and low transaction costs.

Maxi Doge doesn’t try to be everything at once. It focuses on culture, participation, and connection — all wrapped in a familiar meme.

To buy $MAXI at its presale price, visit the Maxi Doge official website, and connect your wallet. You can either swap USDT or ETH for this token or use a bank card instead.

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