Summary
SHIB price range: $0.0000139 – $0.0000147
Intraday gain: +5.24%
New resistance level: $0.0000147
Volume spike: 900B during 22:00 hour, peaking at 30.15B during rebound
Long-term holders: ~1.13M addresses holding >1 year
SHIB Token Rebounds as Strong Volume Fuels Market Recovery
Shiba Inu (SHIB) staged a sharp intraday recovery on Monday, gaining over 5% within a 24-hour period after dropping to an intraday low of $0.0000139, according to CoinDesk Research’s technical analysis model. The move comes amid heightened macro uncertainty and ongoing geopolitical tensions, underscoring SHIB's resilience in a volatile environment.
Technical Analysis: Intraday Volatility and Volume-Driven Recovery
SHIB traded within a 5.24% range between $0.0000139 and $0.0000147. A notable sell-off occurred during the 15:00 hour, bringing prices to the daily low. However, strong buy-side volume near 900 billion tokens drove a decisive rebound during the 22:00 hour.
Key intraday highlights:
Recovery to $0.0000147 marked a new resistance level.
SHIB saw a 3.0% surge in a one-hour window on heavy volume.
In the early hours of Tuesday, SHIB briefly touched $0.00001463, supported by 30.15 billion in trading volume.
Support was established at $0.00001455, before prices eased slightly to $0.00001457 in the final 15-minute window as sellers emerged.
Long-Term Holders Signal Confidence
On-chain data shows approximately 1.13 million addresses have held SHIB for over one year, suggesting a stable base of long-term holders. Despite market turbulence, these holders have remained largely unmoved, reinforcing a bullish outlook from the broader community.
Market Context: Resilience Amid Broader Uncertainty
SHIB’s rebound follows a broader trend of crypto market sensitivity to macroeconomic headlines, including recent tariff-related policy moves and global inflation concerns. Yet, unlike many altcoins, SHIB demonstrated technical strength and market depth throughout the trading session.
