5h ago
Shiba Inu hovers near $0.0000056 as exchange balances rise; $0.0000052 in focus
Shiba Inu (SHIB) is trading around $0.000005603, down roughly 1% over the past 24 hours, as attention turns to support near $0.0000056 and a potential retest of $0.0000052. RSI is 55 and 24-hour volume fell 24% to about $120 million, suggesting a neutral, quieter market. On-chain figures show about 200 billion SHIB moved into exchanges against roughly 80 trillion SHIB in total exchange reserves, a shift often associated with rising sell-side positioning.