Tight Budgets Weigh on Shiba Inu as SHIB Turns Bearish
Shiba Inu price has stalled within a narrow 0.0000120–0.0000138 range as US consumer sentiment weakens and tariffs threaten to raise living costs. Retail executives at Walmart and Target report that households are cutting discretionary spending, a trend that typically reduces inflows into speculative assets like Shiba Inu and other meme tokens. On the technical side, SHIB is capped below the 0.0000138 resistance (mid-Bollinger Band) while support at 0.00001241 (S1 pivot) protects against an immediate collapse. A decisive break below 0.0000124 could send SHIB toward 0.0000110 or lower, whereas a push above 0.0000140 is needed to trigger a rebound toward 0.0000160. Traders should monitor consumer sentiment data and tariff developments alongside chart patterns to gauge risk appetite. In the short term, expect choppy, sideways action with a bearish tilt unless macro pressures ease.
Bearish
The article highlights weakening US consumer sentiment and looming tariffs that squeeze household budgets, key drivers of retail inflows into speculative assets like Shiba Inu. Historically, dips in consumer confidence have coincided with pullbacks in meme tokens, as seen during 2021’s risk-off episodes in Dogecoin and SHIB. Technically, SHIB remains capped below its mid-Bollinger Band resistance at 0.0000138 and risks a drop below support at 0.00001241, pointing to further downside toward 0.0000110 unless macro conditions improve. In the short term, traders face heightened volatility and a bearish bias. Over the long term, a sustainable recovery would require a reversal in consumer spending trends or an easing of tariff pressures to restore speculative appetite.