Shiba inu price Fresh US economic data, crushed on daily charts, simply add fuel to the bearish fire. The Bureau of Economic Analysis in August showed revenues had risen at just 0.4%, while personal consumption was at 0.6%. The savings rate fell to 4.6%. Clearly, Americans spend more than they make money and rely on a savings buffer that is already thinning. Risk assets like Shiv will flourish If consumers and retail investors are exaggerated in liquidity, this report shows the opposite. Money is tightening and the speculative flow is running out.
Shiba Inu price forecast: Why is Shib Price under pressure today?
The latest macro updates reinforce Shib prices that are already hit. Increased consumer spending In addition to higher PCE inflation (0.3% in August), the Federal Reserve suggests it will not pivot Dovish anytime soon. This means that an increase in borrowing costs will remain play. This directly affects retail-driven tokens like Shiba Inu. Shiba Inu prices have been rising historically as Meme Coin’s appetite aligns with a loose liquidity cycle. This environment appears to be the opposite: closer fluidity, lower savings, and more careful risk feelings.
Shiba inu price forecast: Daily chart breakdown
Daily SHIB/USDT charts draw stern pictures:
- Trend direction: The token has been locked to the descending channel since mid-September, below both the 20-day moving average and the midline of the Bollinger band.
- Support level: Immediate support is 0.00001140 (S1 pivot) and deeper at 0.00001100. If these breaks, a Fibonacci S2 of 0.00001080 and a 0.786 retracement of near 0.00001020 will take effect.
- Resistance level: The initial hurdle is 0.00001230, converging the midline of the SMA and upper bollinger for 20 days. Only breakouts above 0.00001300 suggest that buyers are regaining control.
- Momentum: The red candle shrinks the top core and indicates that it controls the seller, but signs of fatigue creep up. The Bollinger Band is expanding and volatility is downwards.
Macros meet memes: Why does this shib price crash have more weight?
The August report revealed that actual disposable income had barely grown at 0.1% and actual PCE had progressed at 0.4%. Inflation of 2.7% year-on-year will carefully lock the Fed. For SHIBs, relying on retail hype and liquidity inflows, this background means that there is less discretionary cash to chase speculative transactions. Meme tokens often behave like the first dominoes that fall when a retail wallet tightens, and current data highlights that scenario.
Shiba inu price forecast: What happens next with Shib Price?
- Bear case: Clean breaks below 0.00001100 may send Shib to 0.0000950. This is at a level that has not been seen since early summer. This coincides with Pivot S3 support and represents a 20% drawdown from the current price.
- Neutral case: If the buyer holds the 0.001140–0.00001100 zone, the Shib can be integrated sideways before the rescue bounces back. The bounce here is corrected, not trend changes.
- Bull case: Only a critical recovery of 0.00001300 with volume can alter momentum. Without macro support, that’s a low probability scenario for now.
Conclusion
The $SHIB crash is strengthened by macroeconomic reality, not just a technical story. Retail speculation weakens as personal savings decrease and consumer spending rises faster than income. SHIB prices are already in critical support, and unless conditions change, the path with minimal resistance is low. Unless the token proves a breakout above the 0.00001300 level, traders need to prepare for deeper shortcomings.
