Shiba Inu at Annual Low: SHIB Trading Around $0.00000480

The Shiba Inu (SHIB) cryptocurrency is trading around $0.00000480 on October 26, approaching the 2026 low. A new wave of selling could send the asset to fresh annual lows. The technical picture does not give bulls reasons for optimism: most signals indicate that sellers maintain control.

Pressure on the price is increasing

The daily SHIB/USDT chart on Binance shows that the cryptocurrency has steadily declined after an unsuccessful recovery attempt in October, when the price reached $0.00000620. Subsequent sales drove SHIB below several key moving averages: short-term and medium-term indicators are located in the range of 0.00000520–0.00000540. Additionally, the price remains significantly below the long-term moving average, which is now around $0.00000555. This confirms the bearish market structure and means that any short-term recovery will face serious resistance. SHIB also fell below the psychologically significant level of $0.00000500, which previously served as an important trading zone.

RSI warns of weakening momentum

The Relative Strength Index (RSI) is around 35: this reflects the ongoing pressure from sellers but does not reach deep oversold levels. The difference is important because SHIB can continue to decline before technical conditions become stretched enough to attract buyers on the dip. Trading volume remained noticeably low throughout the recent decline, indicating limited buyer interest at current prices.

Can SHIB return to the annual low

The nearest target below is around $0.00000450, a support zone tested during previous corrections. A confident break of this level will open the area of 0.00000410–0.00000420, where SHIB previously formed a significant bottom. To weaken the bearish scenario, the price needs to return above $0.00000500 and then overcome the resistance zone of $0.00000530. Until this happens, Shiba Inu remains vulnerable to further losses.

Given the deteriorating momentum and moving averages located above, a retest of the annual lows becomes an increasingly likely scenario. Whether SHIB establishes a sustainable bottom or goes lower largely depends on whether buyers can defend the remaining support zones.