The SHIB/USDT trading pair is displaying a slight upward movement, with its current price at $0.00002307, up by 2.44% in the last 24 hours. The daily trading range shows a high of $0.00002408 and a low of $0.00002246. Over 4.20 trillion SHIB tokens were traded in this period, with a trading volume of 97.49 million USDT.
The 12-hour chart indicates a recovery from a recent low of $0.00001853, reflecting potential buyer interest. Key moving averages reveal mixed signals, with the 5-day MA at $0.00002298 and the 10-day MA at $0.00002343. While short-term performance has seen slight declines, with losses of 10.20% over the last 30 days, longer-term metrics remain promising, showcasing a 50.23% increase in 90 days and an impressive 109.07% gain over the year.
This reflects resilience in the SHIB ecosystem, despite broader market uncertainties. Investors are advised to monitor support levels and watch for news impacting the meme coin sector.
