Shiba Inu is extending a weak trend after again failing to recover $0.000005.

U.Today, a blockchain outlet, reported on Saturday that Shiba Inu recently tried to rebound near a recent low but was blocked by strong selling pressure around $0.000005, a key psychological level.

The move is heightening caution in the market because it confirms a bearish structure that has lasted for months rather than a simple short-term pullback. Shiba Inu tried a gradual recovery after showing signs of stability in late June, but the rise did not continue. Selling flowed in quickly, weakening rebound momentum, and the price came under pressure again.

Technical pressure is also heavy. Shiba Inu remains below key moving averages on the daily chart. The 100-day and 200-day moving averages are above the current price, and the 50-day exponential moving average continues to act as resistance. The outlet noted that Shiba Inu is "trapped below all major moving averages." That means the long-term trend remains weak.

The latest rebound attempt came after the token moved close to a local low around $0.0000040. Buying emerged in that area, producing a brief bounce, but the advance stopped as it neared $0.000005. That level was cited as important both technically and psychologically. The market sees whether it regains that price as a pivot that will determine the short-term direction.

Chart patterns are also not supportive. Shiba Inu increased downward pressure after breaking out of an ascending wedge pattern formed from March to May. The outlet said such patterns "generally end in a decline." After the breakdown, the price failed to build meaningful buying momentum, and rebound attempts seen throughout this year repeatedly ended under selling supply.

If it had recovered $0.000005, Shiba Inu could have reopened a challenge of the 50-day exponential moving average and a broader rebound range. But selling did not allow the price to settle above resistance, and the scenario was scrapped. The rejection at that level shows that even when intermittent optimism appears in the broader cryptocurrency market, participants remain cautious about buying high-risk assets such as Shiba Inu.

Volume is also failing to support a reversal signal. Unlike past surges in volume seen in bull runs or sharp selloffs, recent trading has been relatively quiet. The outlet said "volume has not reached a level that can sustain the reversal narrative." Without a clear rise in demand, Shiba Inu is likely to move within its current bearish channel.

That makes the near-term focus clear. Bulls must first reclaim $0.000005 and hold the price above it. If it fails to clear that level, a short-term bounce could end as a step toward new lows within a larger downtrend, or as a move that sets a lower high. Only if it breaks through local resistance can the flow tilt back toward buyers. For now, if selling pressure continues, it is difficult to rule out Shiba Inu retesting its recent low area.