Shiba Inu (SHIB) is trading at approximately $0.00001329, showing a slight 0.01% decline over the past 24 hours. During this period, SHIB reached an intraday high of $0.00001382 and dipped to a low of $0.00001307 .
These intraday swings highlight ongoing volatility, with a 5% price range that reflects active trading and market testing of key resistance and support levels.
Trading Volume Signals Strong Market Participation
In the last day, SHIB recorded a 24‑hour trading volume between $380 million and $397 million, according to multiple market platforms .
High trading volume supports sustained price movement—whether upward or downward—and indicates that both retail investors and whales are actively engaged.
Technical Levels: Resistance at $0.00001380, Support at $0.00001300
- Resistance Zone: The area between $0.00001380–$0.00001390 has proven to be a strong ceiling, with SHIB failing to break through intraday SolflareTradingView+3Yahoo Finance+3Gate.com+3.
- Support Zone: Support has consistently formed around $0.00001300–$0.00001310, as evidenced by rebounds from the intraday low Revolut+8Gate.com+8Yahoo Finance+8.
A sustained move above $0.00001380 with strong volume could pave the way to $0.00001450, while a drop below $0.00001300 may open the door to a retest near $0.00001250**.
Broader Context: Altcoin Strength During Bitcoin Rally
The 24-hour period coincided with a continued rally in Bitcoin, Ethereum, and major altcoins, which helped lift high-beta meme tokens like SHIB. Despite Bitcoin Dominance remaining high, SHIB and other meme coins recorded notable outperformance .
Meme coins often benefit in these environments due to risk‑on positioning and heightened retail interest.
What Traders Are Watching Next
- Can SHIB reclaim and hold above $0.00001350–$0.00001380? A breakout here, backed by volume above $400 million, could signal a bullish continuation.
- Will $0.00001300 hold as the new floor? A breakdown could trigger a deeper pullback.
- Volume trends: Sustained high volumes during upward price pushes would confirm strength; low volume on rallies may suggest a lack of institutional support.
Summary
- Price Range in 24h: $0.00001307 – $0.00001382
- Volume: ~$380–$400 million
- Resistance: $0.00001380–$0.00001390
- Support: $0.00001300–$0.00001310
Shiba Inu’s intraday performance shows continued interest and solid technical structure. A break above resistance with volume confirmation could trigger further gains, while a retreat below support might point toward deeper consolidation.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.