The post Shiba Inu price shows early reversal signs appeared on BitcoinEthereumNews.com. Shiba Inu price is forming a double bottom at key high-time-frame supportThe post Shiba Inu price shows early reversal signs appeared on BitcoinEthereumNews.com. Shiba Inu price is forming a double bottom at key high-time-frame support

Shiba Inu price shows early reversal signs

Shiba Inu price is forming a double bottom at key high-time-frame support, with value area confluence suggesting downside exhaustion and the potential for a bullish rotation if support holds.

Summary

  • SHIB forms a double bottom at key high-time-frame support.
  • Support aligns with daily structure and the Value Area Low.
  • Reclaiming the Point of Control could trigger a bullish rotation.

The Shiba Inu (SHIB) price is beginning to show early signs of stabilization after a prolonged period of downside pressure, as price action forms a potential double bottom at a critical support level. This area is reinforced by multiple high-time-frame technical confluences, including daily support and the Value Area Low (VAL).

While confirmation is still pending, the structure suggests that selling pressure may be weakening, opening the door for a possible rotational move higher if buyers continue to defend this zone.

Shiba Inu price key technical points

  • SHIB forms a double bottom at high-time-frame support, aligned with daily structure and the Value Area Low.
  • The pattern suggests downside exhaustion, but confirmation requires further upside acceptance.
  • A successful hold opens the path toward the Point of Control and Value Area High, signaling a potential market rotation.
SHIBUSDT (12) Chart, Source: TradingView

The current price action on Shiba Inu highlights a textbook environment where reversal structures tend to emerge. Price has tested the same support region twice and held on both occasions, forming what appears to be a double bottom pattern. This structure is widely regarded as a bullish reversal pattern when it occurs at major support levels, particularly those with high time-frame relevance.

What strengthens the case for SHIB is the confluence at this support zone. The double bottom aligns not only with daily structural support but also with the Value Area Low, the lower boundary of fair value within the current trading range. When price holds the VAL, it often signals that the market is defending value rather than entering a deeper price-discovery phase to the downside.

From a market-structure perspective, this area marks a potential inflection point. While SHIB remains within a broader corrective structure, the failure of sellers to push price lower on repeated attempts suggests growing exhaustion. This does not yet confirm a reversal, but it does shift the immediate risk profile away from aggressive downside continuation.

The next critical step for confirmation lies in a rotation back toward the Point of Control (POC). The POC represents the price level with the highest traded volume in the range and acts as the market’s equilibrium. A reclaim of this level would indicate that buyers are regaining control and that price is transitioning from defense into acceptance.

Beyond the POC, the Value Area High (VAH) becomes the primary upside objective. A move toward this level would confirm a market auction rotation from the lower boundary of value to the upper boundary, a classic behavior in range-based markets. Such a move would also require SHIB to break its current short-term bearish structure, signaling a meaningful shift in momentum.

However, confirmation has not yet been received. Until price reclaims the Point of Control (POC) and shows impulsive upside movement supported by volume, the double bottom remains a developing structure rather than a completed reversal.

Failed double bottoms can lead to accelerated downside, making ongoing monitoring of price behavior around support essential, even as Shiba Inu rolls out a debit card allowing SHIB spending and rewards, highlighting ongoing ecosystem developments alongside cautious technical conditions.

From a technical and price-action standpoint, SHIB is at a decision point. The presence of a double bottom at high-time-frame support offers a favorable risk-reward setup for bulls, but patience is required until structural confirmation is achieved.

What to expect in the coming price action

If Shiba Inu continues to defend the current support and reclaims the Point of Control, a rotation toward the Value Area High becomes increasingly likely. Failure to hold support would invalidate the double bottom and reopen downside risk.

Source: https://crypto.news/shiba-inu-price-shows-early-reversal-signs/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Visa Expands USDC Stablecoin Settlement For US Banks

Visa Expands USDC Stablecoin Settlement For US Banks

The post Visa Expands USDC Stablecoin Settlement For US Banks appeared on BitcoinEthereumNews.com. Visa Expands USDC Stablecoin Settlement For US Banks
Share
BitcoinEthereumNews2025/12/17 15:23
Nasdaq Company Adds 7,500 BTC in Bold Treasury Move

Nasdaq Company Adds 7,500 BTC in Bold Treasury Move

The live-streaming and e-commerce company has struck a deal to acquire 7,500 BTC, instantly becoming one of the largest public […] The post Nasdaq Company Adds 7,500 BTC in Bold Treasury Move appeared first on Coindoo.
Share
Coindoo2025/09/18 02:15
North America Sees $2.3T in Crypto

North America Sees $2.3T in Crypto

The post North America Sees $2.3T in Crypto appeared on BitcoinEthereumNews.com. Key Notes North America received $2.3 trillion in crypto value between July 2024 and June 2025, representing 26% of global activity. Tokenized U.S. treasuries saw assets under management (AUM) grow from $2 billion to over $7 billion in the last twelve months. U.S.-listed Bitcoin ETFs now account for over $120 billion in AUM, signaling strong institutional demand for the asset. . North America has established itself as a major center for cryptocurrency activity, with significant transaction volumes recorded over the past year. The region’s growth highlights an increasing institutional and retail interest in digital assets, particularly within the United States. According to a new report from blockchain analytics firm Chainalysis published on September 17, North America received $2.3 trillion in cryptocurrency value between July 2024 and June 2025. This volume represents 26% of all global transaction activity during that period. The report suggests this activity was influenced by a more favorable regulatory outlook and institutional trading strategies. A peak in monthly value was recorded in December 2024, when an estimated $244 billion was transferred in a single month. ETFs and Tokenization Drive Adoption The rise of spot Bitcoin BTC $115 760 24h volatility: 0.5% Market cap: $2.30 T Vol. 24h: $43.60 B ETFs has been a significant factor in the market’s expansion. U.S.-listed Bitcoin ETFs now hold over $120 billion in assets under management (AUM), making up a large portion of the roughly $180 billion held globally. The strong demand is reflected in a recent resumption of inflows, although the products are not without their detractors, with author Robert Kiyosaki calling ETFs “for losers.” The market for tokenized real-world assets also saw notable growth. While funds holding tokenized U.S. treasuries expanded their AUM from approximately $2 billion to more than $7 billion, the trend is expanding into other asset classes.…
Share
BitcoinEthereumNews2025/09/18 02:07