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Shiba Inu ($SHIB ) Hits a Standstill: Has the Market Paused? 🐕

Shiba Inu’s market is showing almost zero movement both in price and on-chain activity. After a sharp decline, SHIB has stabilized but remains in a stalemate, with neither bulls nor bears taking control. It’s currently trading around $0.0000109, just above a key local support at $0.0000095.

Market Paralysis?
This support zone has held multiple times, hinting at a possible bottom formation, but low volume and muted volatility keep momentum weak. The RSI sits flat at 37–40, showing that neither buyers nor sellers are active. While renewed buying pressure could spark a recovery, the current inactivity makes a near-term bounce unlikely.

On-Chain Confirms Standstill
Exchange metrics like Netflow, Inflow, and Outflow show hardly any change over the past day, according to CryptoQuant. Exchange reserves have only slightly risen +0.13%, meaning coins are sitting idle on exchanges rather than moving between wallets. Netflow at -0.34% further confirms a neutral market, with no significant whale activity, transfers, or liquidations.

Neutrality in Place
Investors are essentially waiting — either for a technical breakout or a macro catalyst. Despite likely bottoming near current levels, SHIB lacks institutional or speculative interest to drive a recovery.

The Bottom Line:
In this low-liquidity environment, SHIB risks sideways movement unless inflows and trading volume pick up. The next big move — breakout or breakdown — will likely require a sudden surge in volatility to shake the stagnant market.
{spot}(SHIBUSDT)