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Shiba Inu Holds Above $0.0000101 As Price Stabilizes Within Tight Range
Shiba Inu presently traded at the cost of $0.00001036, which has risen by 2.2% in the previous 24 hours
The support at $0.0000096-$0.0000100 still supports the stability of the market and prohibits further declines in each session.
Data on cross-pair, SHIB is increasing 1.0 against BTC and 0.3 against ETH which is a sign of balanced trading.
Shiba Inu (SHIB) remains to be trading in the steady fashion as the momentum stays above the key support points. The price of the token is at $0.00001036, which was an increment of 2.2% during the last 24 hours. According to the latest statistics, SHIB has an area of support ranging between $0.0000101 and 0.0000096, which gives it a buffer against a negative force. In the meantime, the top price of the current range is determined by the resistance level of close to $0.00001035.
The trend of the token is a manifestation of controlled purchase activity, which is backed by the presence of moderate volatility in the 24-hour trading interval. The market indicates that SHIB is trading at 0.0109167 BTC, an increase of 1.0 percent, and 0.082578 ETH, an increase of 0.3 percent, indicating a weak cross-market performance. These two-way enhancements indicate consistent interaction among the traders and larger market volumes are held back.
Technical Levels Indicate Controlled Trading Conditions
Technical charts depict consolidation on a specific support band, with the rebounds being repeated, and this type of experience has strengthened the short-term market stability. The steady trend between $0.0000101 and $0.00001035 shows that there is an equilibrium between supply and demand. Remarkably, the region between $0.0000096 and $0.0000100 remains in a good working technical base.
Trading behavior has remained structured, with limited deviation beyond the upper resistance. This consistency reflects a balance between profit-taking and accumulation. As SHIB trades close to its near-term resistance, participants are closely monitoring for volume expansion that could confirm sustained activity above the current range.
Liquidity Metrics Highlight Consistent Market Engagement
During recent sessions, SHIB’s liquidity metrics have stayed proportionate, showing neither excessive accumulation nor abrupt withdrawals. The market has maintained steady engagement within defined boundaries, indicating continued trader confidence at prevailing price levels.
Furthermore, the chart activity aligns with a broader pattern of contained volatility observed throughout October. Market sentiment remains focused on price reactions around the immediate support zone, where consistent rebounds have kept SHIB’s structure intact.
Key Levels to Watch Ahead
The support zone of $0.0000101-$0.0000096 still remains the near-term strength. Similarly, resistance at $0.00001035 is the upper limit restricting immediate upside development.
While current readings suggest stability, attention remains on volume and short-term range integrity. The market’s ability to sustain this pattern may continue shaping SHIB’s upcoming trading sessions.