shibin

On the 1D chart for SHIB/USDT, the price is at 0.000000627 (-2.79% in 24h), testing the area close to the low of 0.000000600 after getting rejected at the top of 0.000000662.
Market structure: since the bottom at 0.000000523, the asset has been oscillating in a very tight range. The moving averages are practically glued together (MA(7), MA(25), and MA(99) all around 0.000000618), indicating low volatility and a lack of clear directional trend. The volume shows isolated spikes without consistent strength in accumulation or distribution.