Shiba Inu (SHIB) is currently testing a significant resistance level at $0.00000859, with its price hovering around $0.000007465. The token's proximity to the upper Bollinger Band suggests potential volatility in the short term as traders watch for support and resistance dynamics. In parallel, the SHIB burn rate has plummeted by 90.31% over the past 24 hours, with only 1,066,266 SHIB tokens burned. This sharp decline in the burn rate indicates a slowdown in the reduction of the token's supply, despite ongoing efforts to decrease the circulating amount through large-scale burning events.