10.74 Trillion SHIB? Shiba Inu Reclaims Key Level Amid 19% OI Surge
7 Articles
7 Articles
Shiba Inu (SHIB) advances 2.39% to USD $0.0000054 and stays above its short-term moving averages, but the daily volume falls 31% compared to its 30-day average and the open interest of futures skyrocketed by 19%, signal of a possible breakout session. We analyze the rise, the technical levels that define the week and what each investor profile should do.
Shiba Inu Price Faces Selling Risk After 75 Billion SHIB Move
TLDR: Shiba Inu price gains 0.89% to $0.00000545, but a 75 billion-token increase in net exchange flows raises near-term supply pressure. Exchange inflows total 193.32 billion SHIB against 131.59 billion in outflows, leaving positive netflows near 61.73 billion tokens. SHIB faces immediate resistance at $0.00000548, followed by the $0.0000056 to $0.0000057 zone and the 200-day [...]
🚨 In Shiba Inu, net exchange flow has increased by about 75 billion tokens in the last 24 hours. 📊 The reserve on the exchanges increased to 87.36 trillion SHIB and its value to $477 million. 📉 Selling liquidity grew as $SHIB approached the $0.000000057 resistance zone at 0.0000056. 🧭 The additional supply can be seen to be met if the price stays above the $0.000000052 support at 0.0000051. Read more±nä± read:Shiba Inu signals selling pressu…
10.74 Trillion SHIB? Shiba Inu Reclaims Key Level Amid 19% OI Surge
Shiba Inu's futures market is seeing a rapid surge in trading activity after its price suddenly flipped positive, surging by nearly 5% over the last 24 hours.
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