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Shiba Inu (SHIB) witnesses a rare bearish technical pattern forming on the weekly chart, and it's something that has never been seen before. At least on Binance’s chart for the popular meme coin — a looming death cross between the 50-day and 200-day moving averages.
The last time SHIB even came close to this setup was back in its early consolidation phases — but this time, it’s happening after a full cycle top and a slow bleed through 2025.
Currently, the 50-day curve is sloping down and is on track to cross below the 200-day one, a classic death cross formation traditionally associated with long-term decline.
While crosses are more commonly discussed on daily charts, seeing it line up on the weekly is a much heavier signal, especially for a token like SHIB, which has mostly been driven by hype, sentiment and momentum.
On the price side, SHIB is struggling to hold the key support zone around the $0.00001. It bounced slightly this week, printing a green candle near $0.00001162, but the overall structure is still heavy.
What’s more telling is how SHIB hasn’t managed to even test the moving average cluster above: Both the 50 and 200 MAs sit far out of reach, acting as a strong resistance block now.
This possible death cross would mark a new phase in SHIB’s market history. It has never had this kind of technical setup before, and for many traders, that’s a signal to take caution — or at least watch how price reacts if and when the cross confirms.
Vladislav Sopov
U.Today Editorial Team