By Victor Swaezy 
Shiba Inu has slipped back into technical weakness after breaking below a key ascending trendline that had supported its price action earlier this year.
The breakdown invalidates the most recent bullish structure formed in 2026, reducing short-term recovery expectations and signaling a renewed shift in market control toward sellers.
Bullish Structure Invalidated as Buyers Lose Support
For several weeks, SHIB had been attempting to establish a recovery pattern by forming higher lows while holding above a rising support line. Each bounce from the trendline produced modest rebounds and briefly encouraged optimism that the token was stabilizing after an extended period of decline.
Repeated defenses of the support level suggested buyers were working to rebuild momentum. However, the latest move below the trendline has removed that technical foundation. With the structure now broken, the market outlook has shifted back toward sustained downward pressure.
Price Action and Indicators Point to Continued Weakness
Current price behavior reinforces the bearish shift. SHIB remains below declining moving averages, which now act as layered resistance above the market. Any recovery attempts are likely to face selling pressure at these levels.
Volume patterns also suggest that recent rebounds are being met with distribution rather than accumulation. Instead of steady buying interest, rallies appear to be short-lived, with momentum continuing to favor the downside.
Lack of Nearby Support Raises Volatility Risks
One of the key concerns following the breakdown is the absence of strong nearby support zones. Several historical reaction levels were already tested or invalidated during earlier declines, leaving the token trading in relatively open territory.
Without clear technical reference points, the risk of sharper price swings increases if selling pressure accelerates. The loss of the ascending trendline also removes a structural anchor that could have supported an immediate rebound.
Broader Trend Remains Bearish
Until SHIB can reclaim former resistance levels and establish a new base, the overall trend continues to reflect weakness. Market participants may now look for a period of consolidation before reassessing directional bias.
Recent performance also aligns with the broader softness seen across multiple digital assets. While short-term bounces may still occur, the pattern of lower highs and persistent overhead resistance confirms that sellers remain in control.
Market Enters a New Phase of Uncertainty
Shiba Inu is now trading in a renewed period of uncertainty after invalidating its latest bullish setup from 2026. The breakdown underscores that bearish momentum remains dominant, with the path of least resistance currently pointing lower unless buyers can regain key technical levels.