Shiba Inu (SHIB) is trading in a tight, range‑bound pattern today as broader crypto sentiment remains cautious and trading volume stays moderate. Price action shows SHIB hovering near $0.0000088–$0.0000092, with critical support around $0.0000087. If this support holds and buyer interest increases, SHIB could test resistance near $0.0000096–$0.0000100. A sustained break above $0.0000100 would help shift sentiment into a more bullish posture and could open the door to higher short‑term gains.
However, if support fails, SHIB may dip toward $0.0000083–$0.0000085 before finding renewed demand, particularly in a risk‑off market environment. Recent social and community activity has been modest, suggesting that meme‑coin driven momentum is currently subdued.
On‑chain data indicates some accumulation by longer‑term holders, which provides structural support, but near‑term price action is being dominated by macro trends and broader market volatility.
Today’s outlook for SHIB is neutral‑to‑slightly bullish, with range‑bound movement likely unless a significant catalyst — such as heightened social interest or strong trading volume — emerges. Watch the $0.0000087 support and $0.0000100 resistance for key directional signals.
SHIB
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