The post Shiba Inu Price Holds Ground, Yet Data Shows the Market Isn’t Ready To Chase appeared first on Coinpedia Fintech News
Shiba Inu price regains ground with the broader market recovery, stabilizes near the $0.000006200 mark. Following a rebound from the channel lows, SHIB price eyes further rebound ahead. The broader market recovery has helped stabilize price, yet SHIB’s own momentum remains selective rather than impulsive. Beneath the surface, on-chain positioning and derivatives activity hint at a market that is no longer panicking, but not fully convinced either. The rebound has removed immediate downside pressure, but whether it evolves into a trend or fades into another range depends on how holders, leverage and liquidity align next.
On-Chain Data Shows Stable Holders Data, Not Aggressive Accumulation
Shiba Inu’s on-chain holding data suggests the recent rebound has brought stability, but not a surge in conviction buying. Wallet distribution shows that large holders, particularly addresses holding between 100 billion – 1 trillion SHIB have largely maintained their positions rather than expanding exposure. This points to confidence in current price levels, but not urgency to accumulate at resistance. Mid-sized holders, typically more reactive to short-term moves, have also slowed activity. Transfers from this cohort have flattened after the rebound, indicating that profit-taking pressure has eased, yet fresh inflows remain limited. In practical terms, selling has cooled, but demand has not accelerated.
Smaller retail wallets continue to show minor net additions, though the scale remains modest. This behavior aligns with a market attempting to form a base rather than initiate a breakout. When holding data stabilizes without sharp distribution or accumulation, it often reflects a pause phase, a period where price absorbs prior moves before choosing direction. For SHIB, this balance explains why downside momentum has stalled, but upside progress remains capped. Holders are patient, not aggressive, and that restraint is shaping the current range-bound structure.
Liquidation Map Highlights Where Pressure Is Building
The liquidation map shows that SHIB’s current price zone is sitting between two well-defined leverage clusters, explaining why recent moves have slowed despite yesterday’s rebound. On the upside, a dense concentration of short liquidations is stacked near the $0.00000610–$0.00000625 range. This zone has repeatedly capped price, as short positions remain active and unchallenged. Without a decisive push through this band, forced short covering is unlikely to materialize.
On the downside, long liquidation clusters thin out significantly above $0.00000570, indicating that downside leverage has already been reduced during the prior sell-off. The next meaningful pool of long liquidations sits closer to $0.00000540, suggesting that sellers would need renewed momentum to trigger another cascade lower. This positioning tells a clear story: leverage has been partially flushed, but not reset enough to fuel volatility.
In these conditions, SHIB is more likely to remain sideways unless one side is decisively forced out. A clean break above $0.000006250 would expose a thin liquidation zone higher up, increasing the odds of a fast extension. Conversely, a drop below $0.00000570 would test whether remaining longs are willing to defend or capitulate.
SHIB Price Stalls Near Key Resistance: Can Bulls Extend Recovery Ahead?
SHIB’s price action remains constructive but constrained, with the chart showing a recovery from the lower end of its recent trading channel rather than a full trend reversal. After stabilizing from the channel lows, SHIB has pushed higher into a well-defined resistance zone near $0.000006100, a level that has repeatedly capped upside attempts over the past sessions. Shiba Inu price is still respecting a descending-to-sideways range, where lower highs remain intact despite the bounce.
The recent recovery has been supported by declining sell pressure rather than aggressive new buying, suggesting consolidation rather than breakout momentum. As long as SHIB holds above the $0.00000580–$0.00000570 support band, downside risks remain contained in the near term. A decisive close above $0.000006200 would shift the short-term bias higher, opening room toward the next resistance near $0.00000645–$0.00000660, where prior supply and liquidation pressure cluster. Failure to clear this zone, however, could keep SHIB locked in a range, with price drifting back toward mid-channel support.