Saad Ullah
Shiba Inu is stirring back to life after a slow week in meme-coin trading. The token jumped 2.1% over the past 24 hours, reclaiming the 0.000010.
SHIB Price Action: From Dip to Rebound
Arecen ttweet from SHIBMortal declaring"0.000010 threshold and reigniting trader interest.
Key movements over the past 24 hours:
- SHIB dropped to around $0.00000980 before buyers stepped in
- The token surged to a peak of $0.00001019
- Currently trading near $0.00001012, holding gains
- Support zone: $0.00000990 where the bounce started
- Resistance level: $0.00001020 acting as the next ceiling
- Pattern shows higher lows with rising volume, indicating accumulation
The recovery flipped early losses into solid gains, with the coin now consolidating in a tight bullish range between $0.00001006 and $0.00001019. This has brought fresh confidence to the SHIB community, with many watching for a technical surge if the price stays above support. The $0.00001000 level has become a psychological anchor, with buying interest emerging each time the price tests that zone. Breaking cleanly above $0.00001020–$0.00001030 could open the door to a move toward $0.00001050 in the near term.
Market Context
SHIB's bounce fits into a wider recovery across risk assets and meme coins. Bitcoin's recent stability has encouraged rotation into smaller tokens, while ongoing development on Shibarium—the project's Layer-2 network—keeps building attention. Regular token burns continue reducing supply, and social metrics show spiking mentions and engagement that often precede rallies. This mix of technical setup and community energy reinforces the "heating up" narrative making rounds on social platforms.
The short-term sentiment tilts bullish, but traders emphasize the need for volume confirmation. Holding above $0.00001000 would likely attract more momentum buyers. Dropping below $0.00000990, on the other hand, might signal a temporary pause. Still, the overall structure favors buyers, and chatter across crypto communities points to growing expectations for a bigger move ahead.
Shiba Inu's latest rebound has put it back on trader watchlists. With the price sitting above the symbolic $0.000010 mark and community sentiment warming up, SHIB appears to be entering a fresh accumulation phase before its next significant move. As one of crypto's most-watched meme tokens, even small upticks in SHIB tend to create ripples across the market. Right now, the combination of technical strength and rising social buzz suggests this spark might have room to grow.
Saad Ullah
