Shiba Inu Holds the Line as Volatility Compresses
$SHIB is attempting to stabilize after a prolonged period of sideways action, posting a modest +1.5% move while holding above the short-term support zone around $0.0000072. #SHIB price action remains compressed, with shallow pullbacks and quick recoveries, a sign that sellers are losing momentum but buyers are still cautious. Volume is up relative to recent lows, though not at breakout levels, suggesting positioning.
From a structure standpoint, SHIB is still range-bound, but the market is quietly coiling. As long as price continues to defend the current base, downside risk appears limited in the near term. A decisive expansion in volume would be required to flip this from consolidation into a trend, but until then, SHIB remains a patience trade, not exciting, but technically alive. In meme markets, these low-volatility phases often precede sharp moves in either direction.
