- SHIB trades at $0.00000618, up 1.78%, with a $3.64B market cap and $143.28M in 24h volume.
- A cup-and-handle pattern is maturing on the 4h chart, with price pressing into the descending trendline near $0.00000620.
- Open interest climbed 27.99% to $56.64M as futures volume fell 31.27%, signaling new positions being built quietly.
SHIB trades at $0.00000618 on March 25, pressing into the most important technical level it has faced in weeks. The 4h chart shows a textbook cup-and-handle maturing, and price is now sitting directly under the descending trendline that has rejected every rally since the mid-February high near $0.00000740. This is not a setup that resolves quietly.
SHIB Price Prediction: The Cup At The Trendline
SHIB Price Dynamics (Source: TradingView)The 4h chart draws the pattern cleanly. Price peaked near $0.00000740 in mid-February, sold off to a rounded bottom around $0.00000460 in early March, and curved back up in a smooth arc through the month. The right rim of the cup now meets the descending trendline from the February high at approximately $0.00000620, which is exactly where price stalled this morning.
All four EMAs are clustered tightly between $0.00000592 and $0.00000604, and price is trading above all of them. That compression is the handle. The CMF reads -0.11, negative but rising toward zero, which matches a pattern where accumulation is building but has not yet flipped to confirmed buying pressure. A close above the trendline on the 4-hour chart would complete the breakout.
Key levels:
- Cup base support: $0.00000460
- 200-day EMA: $0.00000600
- Trendline resistance: $0.00000620 to $0.00000625
- Breakout target: $0.00000780 to $0.00000800
Shiba Inu Price Prediction: The 1h Structure
SHIB 1h Price Action (Source: TradingView)The 1h chart shows SHIB operating inside a defined range between $0.00000570 and $0.00000640 since March 9. Price has tested both boundaries multiple times. The current push is the third attempt at the upper end of that range, and this time the Supertrend at $0.00000600 is holding as support below.
The SAR sits at $0.00000607, above current price on the 1h, which means the short-term trend has not technically flipped bullish yet. Price needs to close a 1h candle above the SAR and hold $0.00000620 to shift that reading. Until then, the hourly structure is a range play, not a breakout.
Key levels:
- SAR resistance: $0.00000607
- Supertrend support: $0.00000600
- Range top: $0.00000640
- Range floor: $0.00000570
Derivatives: OI Builds While Volume Fades
SHIB Derivatives Data (Source: Coinglass)Futures volume dropped 31.27% to $149.73M while open interest rose 27.99% to $56.64M. That combination tells a specific story: traders are not actively churning positions, they are building and holding. When volume falls and OI climbs, it typically means conviction positioning rather than speculative day trading.
The long/short ratio on Binance SHIB/USDT sits at 1.0471, essentially flat, meaning neither side has a decisive edge in account positioning. OKX accounts lean slightly more bullish at 1.64. The 24h liquidation breakdown shows $37.62K in longs wiped against $19.10K in shorts, so bulls absorbed slightly more pain in the last day, but the numbers are small enough that no real flush has happened. OI at $49.14M as of the 5:30 UTC reading on March 25 sits well below the January peak near $500M, leaving plenty of room for leverage to build if price breaks out.
Burn Rate Picks Up As Supply Quietly Shrinks
SHIB Burn Data (Source: Shibburn)The burn rate hit 14.04% in the last 24 hours, with 2,244,891 SHIB burned. Over 410.75 trillion SHIB has been removed from the initial supply since launch, leaving a circulating supply of 585.47 trillion. The largest single burn in the recent log was 1,000,000 SHIB sent to the dead address 15 hours ago, with a 649,643 SHIB transaction following shortly after.
These numbers are not large enough to materially shift the supply picture in the short term, but the direction matters. A rising burn rate during a technical breakout attempt adds a secondary narrative that retail tends to amplify. The xSHIB staking pool holds 3.76 trillion tokens, another chunk off the liquid market.
Shiba Inu Price Outlook
- Bullish case: SHIB closes a 4h candle above $0.00000625, confirming the cup-and-handle breakout and clearing the descending trendline. The 1h SAR flips to support below $0.00000607, and OI continues rising as volume picks up. First target is $0.00000700, with $0.00000780 to $0.00000800 as the measured move from the cup depth.
- Bearish case: The trendline holds for a third time and price retreats back below $0.00000600. Losing the Supertrend on the 1h and the 200-day EMA on the 4h opens a return to $0.00000570, with a full pullback to $0.00000520 possible if the SAR flips bearish on the daily. The CMF staying negative would confirm sellers are still in control.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
Source: https://coinedition.com/shiba-inu-price-prediction-shib-tests-descending-trendline-as-cup-pattern-nears-breakout/
