As of July 27, 2025, Shiba Inu (SHIB) token exhibited mixed results, reflecting a cautious market stance. The decline in burn volume raises questions about the token's deflationary strength.
SHIB Market Conditions and Price Levels
SHIB/USDT trading closed at 0.00001397 after fluctuating between 0.00001394 and 0.00001419. The token currently finds support at the rising 20-day EMA (0.00001364) and 100-day EMA (0.00001341). These levels provide near-term stability as bulls attempt to defend their positions. Stronger support is observed around the 50-day EMA (0.00001264), underpinning the 0.00001260 area.
Decline in SHIB Token Burn Volume
According to Shibburn's data, SHIB’s burn rate dropped by 40.15% over the last 24 hours, with just 161,238 tokens burned, down from over 270,000 the previous day. This decrease raises caution among traders, as burn rate trends are often viewed as a gauge of deflationary progress.
Market Sentiment Analysis and Predictions
The combined effect of price consolidation and falling burn activity is keeping SHIB in a wait-and-see zone. Analysts agree that bulls must reclaim the 200-day EMA for any meaningful upside. In contrast, failure to hold above the 20-day and 100-day EMAs could lead to renewed bearish pressure.
The current situation with Shiba Inu shows mixed signals for investors. The decline in burn volume raises concerns, while technical support levels provide some stability amid uncertainty.