SHIB returns to $0.0000051–$0.0000052 support, key resistance at $0.00000536
- —SHIB trades in the $0.0000051–$0.0000052 range
- —Resistance is at $0.00000536, with an upside target of $0.00000568
- —If support breaks, the key level is $0.00000467
- —SHIB burn rate fell by about 62%
Why it matters: Meme coins are more sensitive to risk-off: with Fed tightening and a weak bitcoin, SHIB could accelerate its decline below support.
Source: Coin Türk