Overview
- SHIB trades around $0.000009–$0.000010 with buyers defending the $0.0000090–$0.0000095 zone as momentum indicators show fading bearish pressure.
- Coindoo reports that roughly 289 billion SHIB left centralized exchanges this week, a pattern traders often read as whales moving to cold storage.
- T. Rowe Price’s newly filed Multi-Coin ETF explicitly lists SHIB, introducing a potential institutional channel if the fund advances.
- Overhead resistance clusters at the 20-, 50-, 100- and 200-day EMAs, while an approximately 589 trillion circulating supply continues to constrain rapid upside.
- Analyst MMB Trader flags a trendline near $0.00001740 as a trigger level, with any breakout requiring confirmation on a retest before higher targets come into play.