The Shiba Inu token is fighting to regain the psychological threshold of $0.00001. After adding an additional zero to its price, the cryptocurrency is attempting a rebound. But will investors be able to erase this zero that weighs on their hopes?
In brief
- SHIB fell to $0.0000085 during the October 10 flash crash, marking its 2025 low.
- The memecoin added one more zero after losing key $0.00001 support.
- A rebound attempt took the price to $0.00000999, narrowly failing to clear that zero.
- The $0.00001 threshold now represents a major technical resistance to watch.
Shiba Inu on the verge of erasing a zero
The Shiba Inu is going through a difficult time. After four consecutive days of decline, the token reached $0.00000925 last Friday. This fall has reached a major psychological milestone: the addition of an additional zero to its course.
The real blow came on October 10 during a flash crash. Sellers violently challenged the historic support of $0.00001, this floor which had nevertheless held firm in April and June 2025.
SHIB then plunged to $0.0000085, setting its lowest level of the year. This price zone had served as a springboard for previous rebounds, providing buyers with strategic entry opportunities.
Today, the market is trying to catch its breath. Shiba Inu posted a modest 24-hour gain of 1.91%, trading at $0.00000989. This rebound is part of a broader recovery movement in the crypto market. But the added zero remains stubbornly present, like a visible scar from the recent correction.
Investors between patience and speculation
The question burns on everyone's lips: the Will SHIB erase this zero? The bulls showed signs of life. The token touched an intraday high at $0.00000999, dangerously approaching the symbolic threshold. Just a hair away from crossing $0.00001, the buyers finally failed.
This first unsuccessful attempt deserves attention. If the Shiba Inu multiplies the failures at this level in the coming sessions, the $0.00001 mark will turn into confirmed resistance. The dream of erasing zero would then be postponed to the medium term, forcing investors to revise their expectations.
The bullish scenario, however, remains plausible. A massive return from buyers would allow SHIB to shatter this ceiling. Once zero is eliminated, the following targets would clearly emerge: $0.0000113, then $0.0000121 and finally $0.0000128. Each level would represent a progressive victory for the bulls.
Conversely, if selling pressure regains the upper hand, the SHIB risks falling again. Supports to watch are at $0.0000092 and then $0.0000085. This last level corresponds to the floor of the flash crash, an area where buyers will have to react to avoid further capitulation.
The Shiba Inu finds itself at a crossroads. The battle to erase this additional zero will be decisive for the immediate future of the token. Future trading sessions will reveal whether buyers have the strength to regain lost ground.
A mission that promises to be delicate. Many analysts already believe that the bull cycle is coming to an end, a scenario that would limit any lasting rebound in altcoins. To better understand this underlying trend, don’t miss our article: Bitcoin, Ethereum and XRP in free fall: is this the end of the cycle?
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