Shiba Inu ($SHIB ) is currently trading at $0.00002674, reflecting a 1.26% drop over the last 24 hours. The price movement has seen a 24-hour high of $0.00002796 and a low of $0.00002638, indicating notable intraday volatility.
The Bollinger Bands show a narrowing range, with resistance near $0.00002770 and support at $0.00002668, suggesting SHIB is trading close to critical levels. Volume has spiked to 3.84 trillion SHIB, signaling increasing buying interest at the lower end, while technical indicators such as MACD and declining momentum hint at potential short-term recovery.
Traders could consider capitalizing on this dip as a strategic entry point, with upside targets around $0.00002770 and cautious stop-loss placements near $0.00002638 for risk management.
