Shiba Inu (SHIB) is facing a challenging moment. According to recent data, the token’s outlook appears increasingly bearish, with a majority of traders leaning towards short positions. However, there remains a possibility of a price reversal, suggesting a potential surge if key technical levels are broken. So, where does Shiba Inu go from here?

Current Market Sentiment for Shiba Inu

At present, the sentiment surrounding Shiba Inu is overwhelmingly bearish. According to data from Coinglass, 59.17% of top traders are holding short positions on SHIB, while only 40.83% have long positions. This indicates a significant lack of optimism in the short term, with more traders betting on a decline in the price.

The SHIB Long/Short Ratio stands at 0.69, which is well below the neutral 1.0 level. This further suggests that the market sentiment is leaning more heavily towards a bearish outlook, with traders predicting that the price will continue to decline.

Declining Whale Activity and Increased Selling Pressure

Adding to the bearish picture, there has been a noticeable drop in whale activity. According to IntoTheBlock, transactions involving SHIB amounts ranging from $1 million to $10 million have decreased by 50% over the past three months. This sharp drop in large transactions suggests a decline in interest from institutional investors, which could contribute to the selling pressure on the asset.

Moreover, SHIB has experienced significant inflows on exchanges in the past 24 hours, totaling $1.70 million worth of SHIB coins. This influx of tokens onto exchanges indicates that more traders may be looking to sell, further adding to the downward pressure.

Recent Price Action and Technical Analysis

Despite the negative sentiment, Shiba Inu has seen a slight uptick in its price. At the time of writing, SHIB rose by 2.30% in 24 hours, trading near $0.00000119. The rise in price was accompanied by a 15% increase in trading volume, suggesting that market participation is picking up and that there may be more movement ahead.

From a technical perspective, SHIB has been moving within a descending channel pattern since the start of 2025. The price is currently at a critical resistance level, the upper boundary of the channel. According to AMBCrypto’s technical analysis, this resistance level is crucial in determining the next move for SHIB. If the price breaks above this level, it could signal the beginning of a trend reversal, pushing SHIB higher.

Potential Price Movements for SHIB

The future of Shiba Inu’s price largely depends on whether it can break out of the descending channel. If SHIB manages to breach the resistance level, it could see a 20% surge, potentially reaching $0.00000152 in the coming days.

However, if the bullish momentum fades and the selling pressure takes over, SHIB may drop further. A failure to break resistance could result in a 14% decline, bringing the price down to $0.00000109.

The Path Forward: Buyers vs. Sellers

At this crossroads, the next move for Shiba Inu depends on the ability of buyers to sustain the upward momentum. If the selling pressure continues to dominate, SHIB could fall further, but if buyers can push past the resistance level, a new rally could be on the horizon. Traders will need to keep a close eye on market sentiment and the price action in the coming days to gauge the direction SHIB will take.

Experts Remain Optimistic for the Long-Term

Despite the bearish short-term outlook, there remains optimism about Shiba Inu’s long-term potential. In a recent report published by Finder, industry experts—including Gracy Chen, the CEO of Bitget—shared their views on SHIB’s future. Chen expressed confidence that SHIB could reach $0.0000600 by the end of 2025, a significant gain from its current price levels.

This forecast suggests that while the short-term outlook may be volatile, the broader perspective for Shiba Inu could be positive. Many experts believe that with continued development and the growing adoption of cryptocurrency, SHIB may find its footing in the market and potentially see significant gains in the future.

Conclusion: Will SHIB Break Through or Face a Setback?

Shiba Inu is at a critical juncture. The short-term market sentiment is decidedly bearish, with the majority of traders holding short positions and whales pulling back from the asset. However, key technical levels indicate that a reversal is possible if SHIB can break above resistance.

Traders should keep an eye on the $0.00000152 price level. If SHIB breaks past this, a 20% surge could be in the cards. But if the resistance holds, a further decline to $0.00000109 is also a possibility. Ultimately, the next move for Shiba Inu will depend on the balance of buying and selling pressure in the coming days.

Despite the current uncertainty, long-term predictions remain bullish, with experts forecasting potential growth for SHIB as the cryptocurrency space continues to evolve.