Shiba is bearish for a while SHIBA INU / US DollarCOINBASE:SHIBUSDMtICHIBearish bias remains dominant: The technical structure favors sellers until SHIB reclaims $0.00000462 with volume confirmation. All major EMAs remain above price. Oversold indicators suggest potential bounce: Stochastic RSI deep in oversold territory and %B near channel bottom provide the best near-term bullish setup for a relief rally. Volume is critical: Daily trading volume of $50–85 million is significantly below the $859 million peak on July 27. A sustained recovery requires stronger spot demand. **Watch $0.00000440**: This level is the immediate support line. Losing it would open a path toward the 52-week low at $0.00000403.