Shiba Inu (SHIB) Bucks Market Slump With Unexpected Show Of Price Strength

• SHIB maintains steady support near $0.00001520 despite declining trading volume.
• Technicals show moderate bullish momentum but lack strong breakout confirmation.
• Liquidations reveal cautious optimism with traders favoring upside but booking profits.

Shiba Inu (SHIB), the popular meme-inspired cryptocurrency, has recently surprised traders with a solid price performance. Despite broader market hesitation, SHIB has carved out a modest upward trend. The price reached $0.00001545, marking a 1.45% daily gain, a move that ran counter to the expectations of many investors who had been bracing for a further retracement. 

The coin’s ability to hold support and resist breakdowns suggests growing confidence among holders. Still, questions linger about how long this resilience can last, especially amid mixed technical indicators and fading trading volume.

SHIB Price Action: Holding Support After Modest Gains, Resistance Ahead

SHIB’s price moved within a daily range of $0.00001531 to $0.00001600. Early trading saw minor dips, with a brief bottom forming near $0.00001520. This area served as a strong support level that later fueled a short-term rally. The peak reache…

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