Trump’s Demands for Khamenei’s Surrender Send Shiba Inu Tumbling to Lowest Levels in Two Months

Shiba Inu Dips to Lowest Since April as Market Reacts to Escalating Iran Tensions

Shiba Inu (SHIB) extended its decline Tuesday, falling over 3.5% to $0.00001134, a level not seen since April 9. The drop came amid heightened geopolitical tensions and broader risk-off sentiment across both crypto and traditional markets.

The sell-off followed a late-session rejection at the $0.00001230 resistance level on Monday, which triggered a cascade of liquidations on high volume exceeding 1.2 billion SHIB tokens. Early Tuesday, support briefly formed around $0.00001167, but bearish pressure ultimately pierced that floor, driving SHIB to new multi-week lows.

The move mirrored weakness in major digital assets. Bitcoin (BTC) shed nearly 3% to trade around $103,800, while altcoins across the board also posted losses. The downturn coincided with inflammatory rhetoric from U.S. President Donald Trump, who publicly dismissed diplomatic efforts and threatened Iran’s Supreme Leader Ali Khamenei, intensifying fears of full-scale conflict.

Market participants responded swiftly, with volumes surging across major exchanges as traders de-risked.

Despite the drawdown, technical signals suggest SHIB may be approaching a local consolidation zone. A declining volume profile and tightening intraday ranges between $0.00001175–$0.00001182 suggest bearish momentum may be weakening, though confirmation will require a break from this range with follow-through volume.

Key Technical Developments

Resistance rejection: $0.00001230 acted as firm resistance during Monday’s 20:00–21:00 UTC session.
Volume spike: Two-hour sell-off between 22:00–00:00 UTC saw volume climb above 1.3B SHIB, signaling panic exits.
Temporary floor: Initial support was tested at $0.00001167 before breaking lower.
Consolidation range: Price now hovering in a narrow band between $0.00001175–$0.00001182.
Recovery attempt: A brief rally to $0.00001182 occurred at 13:30 UTC on 8.8B SHIB volume.
Renewed pressure: Sellers returned at 13:44 UTC, sending SHIB down another 3% on 9.7B tokens traded.
Exhaustion signs: Volume and volatility have since declined, hinting at possible near-term stabilization.