Shiba Inu (SHIB) is trading near $0.00000541, down from its late September high near $0.00000626. In the last 24 hours, approximately 1.45 billion SHIB tokens were burned, while exchange net flow was -27.3 billion tokens, a mildly bullish sign. Exchange reserves declined about 1.5% to around $471.5 million. The price is finding support at $0.00000530, with the next floor at $0.00000510. A close above the long-term average at $0.00000560 with strong volume could trigger a move toward $0.00000580 and then $0.00000600.
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