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Shiba Inu ( $SHIB ) price bottomed at a crucial support level, with the soaring burn rate and whale buying, and falling exchange reserves pointing to an eventual rebound. Shiba Inu ( $SHIB ) token was trading at $0.00001180 on Friday, Sep. 26, its lowest level since Aug. 2. Soaring burn rate and whale buying, falling exchange reserves SHIB could be about to rebound as key fundamental catalysts align. Data compiled by Shiburn shows that the burn rate jumped by 7,200% on Friday to 7.06 million coins. The burn rate jumped as one user sent 6 million SHIB to a burn address in three transactions. This burn brings the cumulative incinerated tokens to over 410 billion and the current circulating supply to 584 billion. Another bullish metric is that whales have continued to accumulate SHIB, a sign that they expect it to rebound. Whales now hold 89 billion SHIB, up from this month’s low of 28 billion. The closely-watched smart money investors who have a reputation of executing profitable trades have also boosted their positions. They have added their holdings by 105% in the last 30 days to 12.46 billion coins. Shiba Inu price Technical Analysis The daily chart shows that the SHIB price has moved sideways in the past few weeks. It has formed a symmetrical triangle pattern whose two lines are about to converge. The coin moved below the lower side of this pattern during the ongoing crypto market crash. While this is a bearish move, it may also be a false breakout. Shiba Inu’s Relative Strength Index and Chande Momentum Oscillator have moved to their lowest levels since June. The last time this happened, the coin rebounded by double digits. Therefore, there is a likelihood that SHIB will rebound in the coming days. If this happens, the coin will likely rally and hit the important resistance at $0.0001477, the highest point on Sept. 14.

$SHIB Price Prediction: Technical Indicators Signal Potential 15-25% Recovery to $0.000018 by October 2025 SHIB price prediction suggests oversold conditions may trigger bounce to $0.000018-$0.000020 range within 4 weeks, but critical support at current levels must hold.

$SHIB slips 5%, but exchange reserves drop to 84.7T SHIB, a sign of reduced selling pressure as holders pull tokens off exchanges. Despite fading momentum, on-chain data hints at potential breakout ahead.📈 $TRUMP $BOSS $$ASTR

$PEPE slides 17% but flashes dual TD Sequential buy signals as it consolidates in a symmetrical triangle. Price sits near key support, RSI nearing oversold, bears in control but setup hints at rebound potential if bulls reclaim momentum. $SHIB $DOGE