Shiba Inu (SHIB) has rebounded to $0.00001222, maintaining its position above the crucial $0.000012 support level. The token is currently trading within a range of $0.00001180 to $0.00001470, with significant resistance levels identified at $0.00001280–$0.00001299 and $0.00001368–$0.00001375. A potential drop below $0.00001180 could lead to a further decline towards $0.00001000.
Despite recent market volatility, the number of SHIB holders has increased to 1,537,364, indicating strong retail investor confidence. On-chain data from September 24 reveals mild outflows of $617,000, yet the expanding holder base suggests continued interest in the token.
Shiba Inu (SHIB) Maintains Support at $0.000012 Amidst Market Fluctuations
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