Shiba Inu (SHIB) Is Stuck: What's Happening Between 50 and 6 Trillion?

UToday

2024-11-17 12:07:14

SHIB-2,68%

Technically and on-chain Shiba Inu is currently in a difficult position as it struggles between important support and resistance levels. SHIB has had difficulty sustaining its recent upward momentum following a noteworthy rally on the price chart. The asset now looks trapped between $0.000021 and $0.000026 despite the spike in trading volumes as on-chain data shows a significant resistance overhead.

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