3M SHIB Longs at Risk: Shiba Inu Price Dip Alert
Shiba Inu (SHIB) price experienced a downturn on April 26th, 2025, falling below $0.000015. This decline follows a period of bullish momentum and raises concerns about potential liquidations.
Shiba Inu Price Consolidation and Weakening Bullish Momentum
After a 17% weekly gain, SHIB's price stalled. Trading indicators suggest weakening bullish momentum. Currently trading around $0.00001419, SHIB only saw a modest 0.6% increase in the last 24 hours (CoinGecko data). The failure to sustain gains above $0.000015 indicates increasing selling pressure, particularly noticeable during U.S. trading hours.
Sharp rejections near the $0.000015 zone on major exchanges like Binance and Coinbase suggest short-term buyers are exhausted. Asian markets saw a rally followed by lower highs, signaling dwindling buyer conviction. Increased spot selling on platforms like Bybit and OKX suggests potential de-risking by large investors before the weekend, particularly given Bitcoin's failure to hold the $95,000 level.
SHIB maintains a market capitalization of approximately $8.36 billion, remaining the 18th largest cryptocurrency. However, traders are adopting a cautious stance due to thinning liquidity and the need for clearer directional signals.
Imminent Liquidation Risk for SHIB Longs
Coinglass data reveals that approximately 2.96 million SHIB long positions are at risk of liquidation if the price drops to $0.00001365. Binance alone holds 766,710 SHIB of this leveraged exposure, representing significant potential liquidation pressure.
This price level forms a critical liquidity pocket. A breakdown could trigger a wave of forced selling as margin positions are automatically closed. Similar patterns in late March, when SHIB lost $0.000012, resulted in a 5%–8% price collapse within hours due to amplified downward pressure.
Binance Futures data shows a recent increase in the SHIB long-to-short ratio, peaking at 2.7:1 before moderating. While cumulative long leverage has decreased over the past 30 days, substantial overexposed longs remain just below the current price. This concentration at $0.00001365 could lead to a rapid cascading effect, mirroring previous sharp liquidations seen in altcoins like PEPE and FLOKI.
A sustained break below $0.00001400 could trigger an aggressive liquidation cascade toward $0.00001365, possibly lower if panic selling occurs. Conversely, maintaining support above $0.00001420 and reclaiming $0.00001450 might prevent a deeper correction.
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Disclaimer: This analysis reflects the author's opinion and current market conditions. Conduct thorough research before investing in cryptocurrencies. Codeum and the author are not responsible for individual financial losses.