Shiba Inu remains structurally weak, but the downward pressure is finally beginning to ease — and that shift in momentum may matter more than the token's current price level.
A notable absence of significant centralized exchange inflows is giving SHIB bulls a chance to regroup and continue defending key price thresholds.
Shiba Inu's downtrend remains intact but shows signs of fatigue. SHIB is still trading below all major moving averages, including its long-term baseline, keeping the broader trend firmly bearish.
The recovery attempt currently underway is confined to a narrow ascending channel, which looks more like a controlled bounce than a genuine trend reversal. The price is slowly grinding higher with higher lows, but it continues to run into resistance around the short-term moving averages, keeping the move constrained and lacking conviction.
Volume confirms this cautious picture. There is no meaningful expansion during upward pushes, which indicates that buyers are not stepping in aggressively. This type of structure typically signals either continued consolidation or a slow bleed rather than a breakout.
On the on-chain side, exchange reserves are slightly increasing and net flows are positive, meaning more SHIB is still entering exchanges than leaving — not a bullish signal on its own. However, the scale of these inflows is relatively small compared to previous periods. Inflow totals are up, but not aggressively, and outflows are also rising, keeping the balance relatively even.
This creates a notably different environment compared to earlier phases of the downtrend. Previously, strong inflows drove clear and sustained sell pressure. Now, weaker inflows are reducing the intensity of selling. That does not flip the trend, but it removes the main driver behind sharp downside moves.
The result is a market that leans toward stagnation. Less selling pressure does not automatically generate buying pressure — it simply slows things down.
Looking ahead, the most likely scenario is a continuation of this shallow upward drift or sideways movement. A breakdown remains possible, particularly if inflows begin increasing again, but it would likely be less aggressive than previous legs lower. For a real trend shift, traders would need to see sustained outflows from exchanges alongside a clear expansion in volume on the price side.
Why it matters
The distinction between reduced selling pressure and genuine buying interest is structurally important: a quieter inflow environment can stabilize price action without signaling a recovery, leaving traders in an ambiguous holding pattern.
The article identifies a specific trigger for a real trend shift — sustained exchange outflows combined with volume expansion — giving readers a concrete, observable condition to watch rather than a price target alone.
Ascending channels with low volume are a recognized technical pattern associated with weak momentum; understanding this structure helps readers interpret why price can grind higher while the broader trend remains bearish.
