Shiba Inu Weekly Chart Shows Potential Turnaround
Shiba Inu (SHIB)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that Shiba Inu’s weekly chart has formed an intriguing technical pattern, sparking interest among traders. The token is currently trading at approximately $0.00000547, having recorded a 6.72% increase over the past week. This price movement coincides with signals suggesting a weakening of sustained selling pressure.
How the market reacted
Whalio's own Binance spot order flow for SHIB, measured when this story was written up on 19 September 2026. Not the outlet's figures.
On Binance spot, Shiba Inu is trading at $0.000005460 with a 1-hour buy ratio of 53.7%, indicating immediate short-term buying interest. However, this momentum fades over longer timeframes, with the 4-hour buy ratio dropping to 46.3% and the 24-hour ratio settling at 49.9%. Volume delta reflects this shift, showing a positive $19,867 inflow in the last hour against a significant $135,920 outflow over four hours. The buy ratio represents the proportion of trades executed by buyers, while volume delta measures the net difference between buying and selling volume; the current data suggests buying pressure is building in the immediate term but remains weaker over the broader 24-hour period.
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 stood at 47.4%, making today’s 24-hour ratio of 49.9% an increase of 2.5 points. Trading volume was 1.79 times the average, indicating significantly higher activity than usual. Despite this volume spike, net buying occurred on only 2 of the 7 days, and the total volume delta for the period was -$1,076,213. This contrasts with the recent 24-hour net outflow of -$7,491, showing that while activity is elevated, the broader weekly trend remains dominated by sellers.