SHIB was rejected near the $0.0000259 resistance.

Most metrics were trending downward, but a few market indicators suggested otherwise.

A few days ago Shiba Inu [SHIB] broke out above the uptrend indicating a bull rally. However, the situation on the ground turned out to be different as SHIB's price movement remained less volatile.

Let's take a look at the current state of SHIB to understand what's going on.

Shiba Inu stays sluggish

SHIB's Social Volume remained high, reflecting the popularity of the meme coin.$ETH $SHIB

$MEME

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