{"id":16520,"date":"2025-11-24T16:28:04","date_gmt":"2025-11-24T16:28:04","guid":{"rendered":"https:\/\/bitunikey.com\/news\/shiba-inu-price-defends-yearly-low-as-burn-rate-jumps-1000\/"},"modified":"2025-11-24T16:28:10","modified_gmt":"2025-11-24T16:28:10","slug":"shiba-inu-price-defends-yearly-low-as-burn-rate-jumps-1000","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/shiba-inu-price-defends-yearly-low-as-burn-rate-jumps-1000\/","title":{"rendered":"Shiba Inu price defends yearly low as burn rate jumps 1,000%"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Shiba Inu price is holding its yearly low while recording a sudden 1,000% surge in burn rate, raising the possibility of a reversal forming at a major support level.<\/p>\n<div id=\"cn-block-summary-block_bd98e5feb30e5348ca2819324de0244c\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Sentiment is mixed as SHIB stabilises at a critical long-term level<\/li>\n<li>Burn-rate spike creates renewed discussion around supply-driven momentum<\/li>\n<li>Market participants are watching for signs of early accumulation<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Shiba Inu (SHIB) is trading at one of its most critical price levels of the year as it continues to defend the yearly low. The asset has returned to a long-standing support zone while on-chain data shows a dramatic increase in token burns. <\/p>\n<p>With\u00a0Shiba Inu also rolling out a new debit card that allows users to spend SHIB and earn rewards, these developments are creating early signals that a potential reversal may be forming if the current structure holds.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Shiba Inu price key technical points:<\/strong><\/h2>\n<ul class=\"wp-block-list\">\n<li>SHIB is trading directly on the yearly low, a long-term support level<\/li>\n<li>Candle closes above support suggest demand is still present<\/li>\n<li>Burn rate has surged over 1,000% in the past 24 hours<\/li>\n<\/ul>\n<p>    <!-- .cn-block-related-link --><\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">SHIBUSDT (1W) Chart, Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\" target=\"_blank\" rel=\"nofollow\">TradingView<\/a><\/figcaption><\/figure>\n<p>Shiba Inu\u2019s current price action places the asset at a high-importance technical point, as the yearly low now acts as the primary support level. This region, classified as a weak low due to the sharp wick that originally formed it, has been retested with price continuing to close above it. <\/p>\n<p>This behaviour indicates that demand remains active in the market, with buyers attempting to defend this major level.<\/p>\n<p>From a structural standpoint, the yearly low aligns with a key monthly support that has held for an extended period. The retest taking place now is significant because price is interacting with the same zone that previously halted a major decline. When markets revisit these long-term support levels and begin printing multiple candle closes above them, it often signals that a stabilisation phase is underway.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Another important factor is the notable rise in Shiba Inu\u2019s burn rate. According to data from <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.shibburn.com\/\" target=\"_blank\" rel=\"nofollow\">Shibburn<\/a>, the burn rate has surged by more than 1,000% within the last 24 hours. A spike of this magnitude reduces circulating supply and can act as a catalyst for momentum shifts when combined with strong technical support. <\/p>\n<p>While a high burn rate alone does not guarantee a reversal, the combination of supply reduction and structural defence strengthens the case for a potential bounce.<\/p>\n<p>The overall setup suggests that, as long as the yearly low remains intact, Shiba Inu may attempt a rotation toward higher technical levels such as the point of control and nearby resistance zones. However, failure to maintain support would invalidate the scenario and expose SHIB to deeper downside.<\/p>\n<h2 class=\"wp-block-heading\"><strong>What to expect in the coming price action<\/strong><\/h2>\n<p>If SHIB continues to hold the yearly low, a rebound toward the point of control and upper range levels may develop. A breakdown of this key support, however, would place the asset at risk of exploring new lows for 2025.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Shiba Inu price is holding its yearly low while recording a sudden 1,000% surge in burn rate, raising the possibility of a reversal forming at a major support level. Summary&hellip;<\/p>\n","protected":false},"author":1,"featured_media":16065,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-16520","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/16520","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=16520"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/16520\/revisions"}],"predecessor-version":[{"id":16521,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/16520\/revisions\/16521"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/16065"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=16520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=16520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=16520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}