SHIB Jumps 9.5% to $0.0000060 as Derivatives Volume Triples
- —SHIB trades near $0.0000060, up 9.5% in 24 hours
- —Key resistance sits at the descending trendline near $0.0000063
- —Derivatives volume tripled during the rally
- —Burn rate fell 97.48% after peaking around September 19
Why it matters: A break above the $0.0000063 trendline would extend the rally, while rejection risks a return to $0.0000053 support.
Source: Coin Edition