#Is Altseason Here?#  Shiba Inu Whales Still Undecided – Where is SHIB Price Headed?

Shiba Inu SHIBUSD is showing a mixed performance. The meme coin is up 23% in the last 30 days and 3.4% in the last 24 hours, but is down 8.5% in the last week. Recent price action suggests that SHIB is trading in a tight range and facing resistance at key levels.
While indicators like the RSI are stabilizing, whale activity is showing a slight decrease in major investor participation. These factors suggest that SHIB is at a critical point where renewed buying or further weakness could determine its next move.
Shiba Inu RSI Recovers After Recent Drop
Shiba Inu’s RSI has risen to 47.1 from 31.7 a day ago, signaling a recovery in near-term momentum. This follows a sharp pullback from 68.4 six days ago, suggesting that recent selling pressure may be easing.
Although the RSI remains below the neutral 50 level, the rapid recovery suggests renewed buying interest or a shift toward price stagnation.
The Relative Strength Index (RSI) measures the speed and change of price movements and ranges from 0 to 100. Readings above 70 typically indicate overbought conditions, while readings below 30 indicate that an asset may be oversold.
SHIB’s RSI is currently in the middle of the range, indicating that the asset is neither overheated nor undervalued in terms of momentum.
This neutral position could lead to sideways movement in the near term or, if buying continues, an attempt to retest resistance levels in the near future.
SHIB Whale Count Gradually Declining
The number of Shiba Inu whales holding at least 1 billion SHIB has fallen slightly to 10,205 from 10,232 recorded nine days ago.
While the decline may seem small, it reflects a volatile and gradual decline in large investor participation.
This subtle shift suggests that some large investors may be reducing exposure or taking profits during periods of market uncertainty.
It is important to track whale activity because these addresses can influence the price with large volume movements and generally indicate confidence or caution in the asset’s outlook.
Despite intermittent increases, the overall trend in SHIB whale numbers has been downward in recent weeks.
This could indicate weakening long-term confidence among large investors and could limit upward momentum unless individual demand or new buyers step in to offset the outflows.
SHIB Price Stuck Between Key Support and Resistance
Shiba Inu is currently trading in a tight range, facing resistance at $0.0000152 and support at $0.0000139. The EMA lines, which previously showed a strong bullish alignment, are now turning sideways, suggesting that the bullish momentum is weakening.
The price is consolidating as traders await a decisive breakout in either direction.
If SHIB loses support at $0.0000139, it could open the door for further declines to $0.0000127 and possibly $0.0000123.
However, if buyers return and the token regains the momentum seen earlier this month, a break above $0.0000152 could push the price toward the next resistance level near $0.0000176.