SHIB Pullback Deepens 6% as Leveraged Trading Momentum Fades
- SHIB fell 6% after a powerful rally met resistance near the 200-day moving average.
- Heavy futures activity amplified gains and intensified selling as leveraged traders exited positions.
- Holding the 200-day moving average could preserve SHIBโs broader recovery structure.
Shiba Inu has pulled back sharply after a powerful rally pushed prices toward major resistance. SHIB fell roughly 6% within about 25 hours. The decline followed a period of intense buying and rising speculative activity. Traders now face a key question about the next move. Can SHIB hold recent gains, or will sellers push prices lower? Current signals point toward profit-taking and fading leverage rather than a fresh bearish catalyst.
SHIB Rally Runs Into Strong Resistance
SHIB enjoyed a strong advance during the sessions before the recent decline. The token erased an 11-month bear cycle during that move. SHIB also established a market cap floor near $3.22 billion to $3.26 billion. More importantly, the token closed above the 200-day moving average during 2026. Japan's regulated market provided another boost for investor sentiment. Laser Digital received an FSA license and included SHIB among approved assets.
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