SHIB Price Recovers After Hitting Low of 0.00001405

Shiba Inu (SHIB) has shown resilience amid economic uncertainties, recovering from a low of 0.00001405. Key price levels include:

  • Short-term support around 0.00001447
  • Immediate resistance at 0.00001452

Technical Analysis Highlights

  • 24-hour price volatility ranged from 0.00001402 to 0.00001458, a 4% variation.
  • Bottomed at 0.00001405 during the 15:00 hour, followed by a rally on above-average volume.
  • Most significant movement occurred between 23:00-00:00 with a surge of 1.44% on high volume (756.55B).
  • A breakout at 0.00001456 may turn into future support.
  • Local peak reached 0.00001456 at 01:13, declining to 0.00001446 by 01:32.
  • Surged 0.88% at 01:51 with elevated volume (15.91B), breaking the resistance at 0.00001450.
  • Forming a support zone around 0.00001447 and resistance at 0.00001452.