Shiba Inu Falls 66% YoY as Weekly Death Cross Signals Deeper Decline

Shiba Inu (SHIB) has fallen more than 66% year‑over‑year as of late 2025, triggering panic among holders and traders. Technicals show SHIB completed its first-ever weekly death cross, with the short-term moving average crossing below the long-term average — a classic bearish signal. Price is trading near $0.00000706 and has breached a key horizontal support that held since early 2023. Momentum oscillators sit in weak ranges (around 31–37), indicating low buying pressure and limited bounce potential. Analyst Nebraskangooner warned SHIB is “dead unless it reclaims $0.00000135,” a critical level for any recovery. Market sentiment has tilted fearful; absent a clear fundamental catalyst or strong volume to push price back above broken support, the technical path points to further downside into 2026. The article also notes traders shifting interest to new memecoins such as Pepenode (PEPENODE), which is in presale and markets itself with browser-based mining/game mechanics. Key takeaways for traders: (1) SHIB’s weekly death cross and loss of multi-year support imply elevated downside risk; (2) momentum indicators suggest limited short‑term recovery odds without heavy buying; (3) watch $0.00000135 as a pivotal level — reclaiming it on volume would be necessary to reverse the bearish bias; (4) some capital may rotate into nascent memecoins, increasing volatility across the meme token space.