Shiba Inu holds near support as Japan ETF rules loom
Shiba Inu (SHIB)
Editor:
Eugene Serbin
Tradersunion.com reports that Shiba Inu (SHIB) is trading near $0.000005040 after a nearly 5% weekly decline. The asset faces persistent selling pressure while new regulatory moves in Japan set the tone for upcoming price action. Japan has reclassified crypto assets including SHIB under the Financial Instrument and Exchange Act (FIEA).
This change paves the way for potential cryptocurrency ETFs and expands regulatory recognition. SHIB is now on the Japan Virtual and Crypto Assets Exchange Association’s Green List. This classification allows listings on nine licensed Japanese exchanges.
The daily chart shows a sustained move lower with a trending ADX reading of 36.50484165. The Stochastic RSI is oversold at 0, while the RSI remains neutral at 48.2. Volatility over the past week stands at 11.6%.
Resistance is defined by the Ichimoku Kijun at $0.00000529. Over the coming week, Shiba Inu is expected to range between $0.00000479 and $0.0000054. There is a 36% probability of an increase and a 64% chance of further decline.
How the market reacted
Whalio's own Binance spot order flow for SHIB, measured when this story was written up on 11 September 2026. Not the outlet's figures.
Whalio’s Binance spot data for SHIB shows a price of $0.000005040. The 1-hour buy ratio is 45.8%, while the 4-hour buy ratio is 51.9%. The 24-hour buy ratio is 48.7%. The 1-hour volume delta is -$14,176, indicating net selling in the short term. The 4-hour volume delta is +$17,833, showing net buying over a slightly longer timeframe. The 24-hour volume delta is -$99,596, with a CVD of -$52,457. This indicates that selling pressure has dominated the last day. Spot volume for the period was $3,989,857 across 29,051 trades.
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 47.9%. The latest day saw a buy ratio 0.8 points higher than this average. Volume was 0.97 times the average. There was only 1 day of net buying in the last 7 days. The price change over 8 days was -6.8%. The total volume delta for the period was -$1,250,859. This represents a continuation of the selling pressure seen in the daily report.