SHIB Faces November Test as Investors Watch for a Recovery After 19% Drop
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SHIB rises 1.12% in the day, but the advance still does not change a weakened technical structure: the price remains below its averages of 15, 30 and 50 days, while the volume is below its monthly average. The specific catalyst of the advance is not identified. The RSI reflects weakness, although it is not at the usual threshold of oversale; the dominant signal, for now, is of caution.
SHIB saw a 24-hour net exchange inflow of minus 114.65 billion tokens; buyers outpaced sellers, with the price trading around $0.00000436.
🚨 114.6 billion tokens of $SHIB were withdrawn from exchanges. 📊 The negative net inflow indicates that buying activity outpaced selling activity in the last 24 hours. 🧭 While the hourly chart turned green after a sharp correction, the price remains under pressure. Read More: 114 billion SHIB withdrawn from exchanges in Shiba Inu, buying appetite strengthened The article "114 billion SHIB withdrawn from exchanges in Shiba Inu, buying appetite…
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