Shiba Inu (SHIB) is trading around $0.00000495, while derivatives open interest stands at about $37.3 million, below the $50 million threshold traders view as a sign of healthy activity. Futures volume over 24 hours is $49.3 million, compared with only $10.8 million in spot volume, showing that leveraged bets are dominating price movements. SHIB has fallen 3.53% over the past week, 16.44% over the past month and 28.3% year to date, despite gaining 1.75% in the last 24 hours. The token is below its major moving averages, with support close at $0.00000476 and resistance at $0.00000520 and $0.00000523; a break below support could push the price toward $0.00000450.
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