Shiba Inu Faces Critical Test with Support at $0.00000850
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 10 2026- Price Range Volatility: Shiba Inu's current price hovers around $0.00000850, and a drop below $0.00000810 could weaken market structure, potentially leading to a decline towards $0.00000755 or $0.00000682, indicating increased bearish pressure in the short term.
- Derivatives Market Dynamics: Open interest in SHIB futures surged past $500 million during recent price expansions, rebounding to $109 million, reflecting heightened speculative behavior in the market but lacking sustained conviction, which may exacerbate price volatility.
- Cautious Sentiment in Spot Market: Despite recent inflows of approximately $166,000, outflows consistently outweigh inflows, indicating cautious sentiment towards Shiba Inu, with significant withdrawals correlating with price pullbacks, suggesting investor confidence remains low.
- Technical Key Levels: Shiba Inu faces critical technical support at $0.00000850, which serves as the first line of defense for buyers, while breaking resistance levels at $0.00000885, $0.00000935, and $0.00001000 could open pathways to higher targets at $0.00001150 and $0.00001200.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
