Short-term bearish outlook

![Shiba Inu 2-Hour Chart Completes Death Cross as Price Tests Key Support - U.Today](https://images.openai.com/static-rsc-4/XEP9N3uwz53hRz0PleR2SXSZ2fsxq6sIDUUj96wsQ60YzsRbjW6JIHDaMSbQshA94eER3dcORSHyEMNRRd3b6TsM78aUfs4cUgbxyyb05sTeBiJuebqUIAnAko9rNylXVAx3a1Aa48hol3VJud1Fd8WJcwJEqZF6Ylcm8l-8GVTxvUYfSVvaHC2aJ3rk0TUL?purpose=fullsize)

Latest market data and technical indicators: 1 November 2026.

📊 SHIB Market Analysis

Shiba Inu is showing selling pressure. Buyers need to regain control before a stronger recovery can begin.

* Current reference price: Around $0.00000468

* RSI: Around 39 – weak momentum.

* Trend: Bearish.

* Moving averages: Sell signal.

* Market sentiment: Cautious.

🎯 Important Price Levels

| Level | SHIB price |

| -------------------- | ----------------- |

| Support 1 | $0.00000466 |

| Support 2 | $0.00000463 |

| Resistance 1 | $0.00000469 |

| Resistance 2 | $0.00000472 |

| Bullish confirmation | Above $0.00000480 |

🚀 What next?

* Bullish: A strong daily close above $0.00000480 could signal recovery.

* Bearish: Breaking below $0.00000463 could expose $0.00000420.

* Watch Bitcoin direction and trading volume.

Investing.com India +2

đŸ”„ Final Opinion

SHIB is worth watching, but buying immediately carries risk. Wait for bullish confirmation before entering a trade. Always manage risk.

🐕 SHIBA INU (SHIB) LATEST ANALYSIS 🚀 | 1 NOVEMBER 2026

đŸ”„ Can SHIB make a strong comeback?

Shiba Inu is currently facing selling pressure, but traders are watching important support levels.

📊 Market Overview

đŸ”č Current reference price: $0.00000468

đŸ”č Support: $0.00000466

đŸ”č Stronger support: $0.00000463

đŸ”č Resistance: $0.00000472

đŸ”č Bullish confirmation: $0.00000480

🚀 Bullish Scenario: A breakout above $0.00000480 with strong volume could bring new buying interest.

⚠ Bearish Scenario: A breakdown below $0.00000463 could create further downside pressure.

💡 My Strategy: Watch the support and resistance levels. Avoid chasing sudden pumps. Wait for confirmation before buying.

🐕 Do you believe SHIB can recover this month?

Share your thoughts in the comments! ❀

#SHIB #ShibaInu #Binance #CryptoAnalysis #CryptoTrading #Altcoins #Memecoins #Bitcoin #CryptoMarket #BinanceSquare

Note: Price levels are approximate market references, not guaranteed targets. The generated thumbnail is illustrative, not a live trading chart. Not financial advice.

I can prepare a fresh SHIB analysis post with an updated chart for Binance Square tomorrow too.

🐕

Daily SHIB analysis and post

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