# Shiba Inu Falls 4.01% as Bearish Signals Keep Breakout Unconfirmed By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/31093 Published: 2026-10-13T12:05:01.000Z Updated: 2026-10-13T12:05:01.000Z Section: Investing > SHIB traded near the lower Bollinger Band on Binance spot, while recovery scenarios require a confirmed resistance break and stronger volume. Shiba Inu (SHIB) fell 4.01% in the latest 24-hour Binance spot session, with turnover of $9.03 million, as bearish technical signals kept a recovery setup unconfirmed. The 14-period daily relative strength index stood at 42.97, below its midpoint but above conventional oversold levels. The MACD histogram was negative, while the Stochastic oscillator showed %K at 24.75 and %D at 19.80. SHIB’s Bollinger Band %B reading was 0.0895, placing the token near the lower band. The combination does not establish a reversal: Stochastic readings near oversold territory can occur before a rebound, but a lower-band position can also persist during a continuing decline. [An earlier SHIB breakout setup]() also depended on confirmation above resistance. The latest scenarios remain conditional on a confirmed break above the specified pivot or descending-channel boundary. Analyst Aashish Vishwakarma’s Oct. 7 recovery scenario requires SHIB to move above $0.00000578 on rising volume. If that condition is met, the setup identifies $0.00000605 and $0.00000634 as potential levels. Analyst Aditya Khatri said Oct. 8 that SHIB would need a confirmed four-hour close above a descending-channel boundary, with volume exceeding the previous 20-candle average. His scenario identifies $0.00000627 as a potential target after those conditions are satisfied. Neither the pivot reclaim nor the channel breakout has been confirmed. SHIB’s technical setup therefore remains dependent on both price confirmation and stronger trading volume. ## Links in this article - [An earlier SHIB breakout setup](https://www.tokenpost.com/news/investing/25387)