Shiba Inu Eyes Recovery as Key Resistance Levels Approach
Shiba Inu (SHIB)
Editor:
Eugene Serbin
cryptonewsland.com reports that Shiba Inu is testing critical levels after a rally peaked at $0.00000620 before slipping 10%. The asset currently trades near $0.00000550, with the 200-week moving average at $0.00000668 serving as a key divider between strength and weakness. Analysts identify three phases for a potential recovery, starting with stability and a move toward a yellow trendline.
Securing that zone would confirm buyer confidence, though low trading volume remains a concern for validating breakouts. The second phase targets the pink zone near $0.00000950, where strong resistance exists and long-term holders may take profits. A successful move beyond that area would lead to the third phase, targeting $0.0000150, a level last seen in May 2025.
This final stage requires stronger retail demand to overcome the resistance concentration between the pink and green trendlines. Analysts believe a local bottom may already be in place, suggesting that each breakout could build momentum for higher prices.
How the market reacted
Whalio's own Binance spot order flow for SHIB, measured when this story was written up on 2 October 2026. Not the outlet's figures.
Shiba Inu trades at $0.000005790 with a 24-hour buy ratio of 52.2%, indicating that buyers controlled slightly more than half of the volume over the day. However, shorter-term pressure shows weakness, with the 1-hour buy ratio at 49.4% and the 4-hour ratio dropping to 37.6%. The 24-hour volume delta is positive at $161,987, but the cumulative volume delta for the period closed at -$748,142, suggesting that larger trades or closing actions were net selling. The 1-hour volume delta is negative at -$8,162, and the 4-hour delta is significantly negative at -$927,217. This divergence indicates that while there was net buying volume over the full day, recent hours saw sellers dominate the flow. The buy ratio measures the proportion of buy volume to total volume, while the volume delta shows the net difference between buy and sell volume.
The latest daily buy ratio of 45.6% sits at the 11th percentile of the last 322 days, against a median of 48.8% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for SHIB, averaged over the days leading up to the story.
Over the preceding week, the 7-day average buy ratio was 50.3%, meaning today's 24-hour ratio of 52.2% is 2.0 percentage points higher than the weekly norm. Spot volume for the day was $3,602,777, which is only 0.71 times the weekly average, indicating a notably quiet trading day. The coin saw net buying on 4 of the last 7 days, with an 8-day volume delta of +$376,643. This suggests that while buying pressure is slightly above average today, the overall activity is subdued compared to the recent weekly trend. The price change over the 8-day period was a minimal +0.3%, reflecting the low volume and indecisive market structure.