WikiBit 2026-05-26 01:16SHIB burn activity collapsed 79.96% over seven days after a short-lived May 19 spike All four EMAs stacked above price, with the 200 EMA sitting 30%
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Shiba Inu Price Prediction: Burn Rate Down 80% as Four EMAs Stack Up as Resistance
Shiba Inu trades at $0.0000056 on May 25, clinging to a multi-week support floor after a sharp rejection from the $0.00000668 resistance zone, as burn activity and derivatives data both flash warning signs heading into the week.
Is SHIB Bearish Right Now? Every EMA Says Yes
The daily chart is bearish across every EMA. Price sits below the 20 EMA at $0.00000592, the 50 EMA at $0.00000604, the 100 EMA at $0.00000630, and the 200 EMA at $0.00000732. The Parabolic SAR dot at $0.00000606 sits above price, confirming the downtrend is still active.
The resistance zone between $0.00000660 and $0.00000680 rejected SHIB twice in May. That level lines up with the 100 EMA, making it a double ceiling bulls need to clear before any recovery gets traction. The current bounce off $0.00000554 lows looks fragile without a volume catalyst behind it.
SHIB Key levels to watch:
SHIB Burn Rate Dropped 80% in 7 Days: What That Means for Price?
Burn activity tells a similar story. The 7-day burn chart shows a massive spike on May 19, with burns briefly touching 21 million SHIB in a single session. By May 24, that number had collapsed to roughly 2 million, a 79.96% weekly decline. The 24-hour burn rate is down another 58.32%, with the most recent burns totaling under 2 million SHIB across three transactions.
At this burn pace, supply reduction pressure is negligible. The May 19 event looks like an isolated spike rather than a trend, which removes one of SHIBs few bullish catalysts from the equation right now.
SHIB Derivatives Breakdown: Bears Control the Order Book
Futures volume climbed 20.88% to $125.60M while open interest edged up just 2.27% to $53.88M. Volume rising faster than OI usually points to short-term speculation rather than fresh conviction. The long/short ratio on Binance sits at 0.4041, meaning shorts dominate the order book by a wide margin.
Long liquidations hit $90.79K over 24 hours against just $17.33K for shorts. Bears are in control of the futures market.
SHIB Price Prediction for May 26
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