One of Shiba Inu’s short-term activity metrics surged by 351% in just eight hours, signaling the start of another period of extreme volatility. After a violent rejection above $0.00000620, SHIB’s price stabilized around $0.00000589, while the token broke above its 200-day moving average near $0.0000056, turning this zone into potential support. The token lost 7.69% on September 23 after hitting $0.00000624, before rebounding 2.3% the next day. The critical support zone stands between $0.0000056 and $0.0000057, with immediate resistance at $0.0000060.
Source: Read the original article
