SHIB is trading near $0.00000806, down over 3% in 24 hours, as bearish pressure dominates the market. While price remains below key moving averages and sentiment stays in fear, an oversold RSI (21.27) and a long-term bullish divergence hint at a possible short-term bounce. However, uncertainty around the Shibarium–K9 Finance dispute continues to weigh on confidence, even as whale accumulation and a sharp rise in burn rate show mixed on-chain signals.

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