After weeks of constant pressure to sell, Shiba Inu is finally beginning to show signs of life. Fresh market data indicates that buyers are starting to return, with spot flows turning decisively positive and suggesting a potential shift in short-term sentiment, even though the meme coin is still trapped in a larger downtrend.
Recent market data shows that SHIB’s spot flow has increased by over 128%, suggesting that buying activity on spot markets is once again surpassing selling pressure. Spot purchases are one of the more accurate measures of true market demand because, in contrast to leveraged futures positions, they reflect actual capital entering the asset.
The flow data matches the chart’s visible information. Following a decline toward the $0.00000420 area, SHIB was able to stabilize and establish a local bottom. Since then, despite ongoing weakness throughout much of the meme coin industry, the asset has shown a modest recovery, rising back above $0.00000435 and defending support. The liquidation data is another positive indication.
Healthy accumulation
The relative balance of recent liquidations indicates that the most recent action is not being motivated by excessive leverage. Rather than chasing a speculative squeeze, buyers seem to be gradually accumulating.
The 50-day and 100-day EMAs, which are still sloping lower, are among the major moving averages that SHIB continues to trade below. Additionally, the asset is still significantly below the 200-day moving average, indicating that the long-term trend has not yet changed. The $0.00000450-$0.00000480 zone is currently the most important level to keep an eye on.
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Over the past few weeks, this area has repeatedly capped recovery attempts and coincides with nearby moving-average resistance. The first significant technical indication that buyers are regaining control would come from a successful breakout. Metrics related to volume give conflicting results.
In contrast to the significant rallies witnessed earlier this year, overall trading activity is still comparatively muted, even though spot flows are improving. This implies that in order to sustain a larger move, SHIB still needs greater participation.
As of right now, the market is making it very clear that buyers are coming back. Although a trend reversal is not guaranteed by the 128% increase in spot flow, it does indicate that accumulation is taking the place of panic selling, providing Shiba Inu with its best chance to recover in weeks.
