Shiba Inu (SHIB) has stabilized after a brief period of significant price decline that nearly sent it into new lows. On August 25, SHIB dipped to $0.00001188, its lowest point in two weeks, prompting renewed concerns about further losses and the possibility of adding a fifth zero to its price. However, rather than plummeting, SHIB rebounded, trading near $0.00001250 after dropping 1% over the past day. Though still down slightly, the token is showing modest gains this week. Analysts suggest that the stability in price could be attributed to several factors: expanding DeFi applications and increasing institutional investments in the space. Additionally, technical indicators point towards a stabilization of the price, with the Relative Strength Index recovering to a neutral 47 after dipping into oversold territory, while also climbing above its short-term moving average, easing pressure from selling activity. This comes as large-scale accumulation has emerged, with a notable whale withdrawing over 204 billion SHIB from Coinbase. These moves are often seen as positive by smaller investors who perceive them as a sign of confidence in the market rather than weakness. A key threshold for Shiba Inu holders remains around the $0.00001 level. While it has been flirted with several times this year, it has managed to hold on each occasion, which may be viewed as a significant psychological win for the community. The last time SHIB traded at a price with five zeros was February 2024, nearly a year ago, and avoiding that scenario again is considered important by many in the community. With these indicators improving and whales showing confidence, Shiba Inu’s price has quieted some of the panic experienced during last week’s selloff, easing the pressure on holders as September trading begins.