29 May 2025
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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.