$SHIB

Price & Volume: Trading at $0.00001507 (↑12.3% 24 h) on $210 M in 24 h volume—one of SHIB’s strongest daily surges in months .

• Technical Snapshot:

– Support: $0.00001400 (prior resistance turned floor)

– Resistance: $0.00001650 (psychological & 200-day EMA)

– RSI near 76 signals short-term overbought conditions—watch for a pullback to support before re-entry.

• On-Chain & Burn Dynamics:

– Exchange outflows surged as whales pulled 2.8 B SHIB ($42 M) into private wallets, hinting at accumulation .

– Burn rate remains elevated post-Bury 2.0 launch, with 38 M SHIB burned in the last 24 h—reinforcing deflationary tailwinds.

• Ecosystem Momentum:

– Bury 2.0 staking enhancements and NFT staking trials have driven wallet activity +18% over the past week.

– New dApp launches on Shibarium are unlocking fresh utility beyond memecoin narratives.

Risk & Outlook: Memecoin volatility can flip quickly. Define clear entry, stop-loss, and take-profit levels before trading.