According to CryptoQuant, around 86.04 trillion SHIB are held on exchanges, worth approximately $382.87 million. Net flows remain negative, with 45.5 billion SHIB leaving exchanges over the past 24 hours, although the financial impact of these movements remains marginal. SHIB was trading at $0.00000444, below its major moving averages, amid a downturn and low trading volume. A natural bounce is considered possible only around the $0.00000413 support level, where buy orders could be concentrated; if that level breaks, no clear support is identified on the chart.
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