Shiba Inu’s exchange outflows surged 62% within hours, with the Exchange Outflow (MA7) indicator climbing to approximately 630.8 billion SHIB, representing a 5.9% daily increase. SHIB is currently trading around $0.00000462, holding above both the 50-day and 100-day moving averages despite a sharp retracement. The 200-day moving average near $0.00000500 remains the primary resistance level that bulls have yet to overcome. The Relative Strength Index has cooled back toward the neutral 50 level after briefly entering overbought territory, reducing the risk of immediate technical exhaustion.
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