25m ago
Shiba Inu Trades at $0.00000609 as $0.0000060 Resistance Caps Upside
Shiba Inu (SHIB) is trading at $0.00000609, up 6.01% over the past 24 hours, but price remains constrained near the $0.0000060 resistance area. Crypto Patel said SHIB was rejected after reaching $0.00000628 on March 25 and later $0.00000616 on March 30, keeping the 4-hour structure fragile. The analyst pointed to potential downside levels at $0.00000562 and $0.00000523, while exchange net inflows rose 2.5% to 161 billion SHIB within 24 hours and reserves increased to 81.51 trillion SHIB from 81.32 trillion on April 1.