Here’s a snapshot and brief analysis of $SHIB /USDT:
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Price Summary
Current Price: $0.00001407 (-4.67% 24h change)
24h High/Low:
High: $0.00001536
Low: $0.00001393
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Volume
SHIB Volume: 2.87 Trillion SHIB
USDT Volume: $41.86 Million
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Market Behavior
Sharp intraday drop, but still trading near a strong liquidity zone ($0.00001400).
Volume remains high, suggesting active interest and potential for volatility.
Support zone around $0.00001390–$0.00001400
Resistance zone near $0.00001530
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Insights
The recent decline could be part of a broader correction phase after the meme token rally.
High trading volume combined with a narrow price band suggests consolidation, possibly before a breakout or further drop.
Keep an eye on broader market trends and Bitcoin/Ethereum movements, which heavily influence SHIB's sentiment.
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