SH

Shiba Inu

SHIB 1 Hour Move
-3.87%
$0.00 β†’ $0.00

Why Shiba Inu is down 3.9% in the last hour

Analysis

Shiba Inu (SHIB) fell 3.9% over the last hour as traders reacted to a bearish technical signal highlighted in recent coverage. U.Today reported SHIB forming its first β€œdouble death cross” of October, a pattern often interpreted as weakening momentum, which can prompt short-term selling pressure.

Contributing Factors (1)

#1
U.Today 5 hours ago

Shiba Inu Forms First Double Death Cross of October: Is 'Uptober' in Trouble?

Shiba Inu faces double death cross as 'Uptober' narrative comes under pressure.

Confidence
79%
Read source

Move Details

Asset Shiba Inu
Symbol SHIB
Direction ↓ Bearish
Timeframe 1 Hour
Start Price $0.00
End Price $0.00
Change -3.87%
Detected Oct 8, 2026 3:55 PM

Explanation Confidence

79%

High confidence in the explanation based on source reliability and timing.