• Bearish Pressure: Shiba Inu lost 11.49% last week amid whale selling and market weakness.
• Bounce Opportunity: Recent rebound may reach $0.00000758–$0.00000817, presenting potential short-term exit points.
• Trading Strategy: Traders should sell into bounces and monitor imbalances for risk management.

Shiba Inu has seen notable bearish pressure in recent days, leaving traders cautious. The memecoin lost 11.49% over the past week while the broader sector fell 13.5%. Whales and large holders have been offloading SHIB, adding to downward momentum. Despite a strong bounce on February 6, Shiba Inu’s longer-term trend remains bearish. Traders now need to watch key levels and imbalances that could guide short-term trading decisions and potential exits.

Short-Term Bearish Pressure and Bounce

Shiba Inu’s 1-day chart shows a firm bearish structure. The coin made a new swing low before bouncing slightly in recent hours. The MACD remains deep in bearish territory, confirming strong downward momentum. Traders looking at this timeframe should approach bounces cautiously rather than assuming a sustained recovery.

A set of Fibonacci retracement levels highlights potential resistance zones for SHIB. The levels at $0.00000758, $0.00000817, and $0.000009 stand out. The first two levels align with daily imbalances, which could act as supply zones if the bounce continues. Traders can use these points to plan exits or sell into strength. Bitcoin’s recent 19% relief rally on February 6 helped lift SHIB by 22.46%.

However, this rebound occurred against the backdrop of a bearish longer-term trend. Whales’ offloading and broader market sentiment suggest caution. Bounces toward resistance levels should not be mistaken for trend reversals. Instead, they offer opportunities for profit-taking in the current environment.

Key Levels to Watch

Looking at the weekly chart, Shiba Inu has maintained a bearish structure since June 2025. The 1-day chart also confirms bearish momentum. Traders can use rebounds to the retracement and imbalance levels to sell. This approach aligns with historical market behavior and recent whale activity. A bullish scenario is possible but unlikely. Bitcoin’s price has fallen 38% over 22 days, and short liquidations could push SHIB slightly higher.

In theory, SHIB could approach the daily swing high around $0.00001. Yet, market trends and pressure from whales make this scenario improbable. Traders should remain realistic about upside potential while monitoring key levels.Daily imbalances and Fibonacci resistance levels provide actionable insights. Traders should watch for SHIB approaching $0.00000758 and $0.00000817, where supply pressure may intensify. Selling into these bounces could protect gains and reduce exposure during continued bearish conditions.

The recent bounce demonstrates volatility, but discipline remains critical for managing risk. Shiba Inu remains volatile, and traders should treat short-term bounces cautiously. Whales’ selling and broader market trends support a strategy focused on selling into strength. By monitoring daily imbalances and retracement levels, traders can make informed decisions. Patience, discipline, and attention to key levels will be crucial for navigating SHIB in the near term.