SHIB Teeters on Macro Tightrope as Fed Rate-Hike Probability Reaches 58%

SHIB is trading at approximately $0.00000536, stuck between the $0.0000050 structural floor and the $0.00000568 200-day MA resistance wall.

The asset has clawed back around 17% from its August lows near $0.0000044, but this recovery is now facing a major headwind: a 58% Fed rate-hike probability for the September 16 meeting.

BTC's inability to clear the $80,000, $82,850 sell wall for the third consecutive session has also put downward pressure on SHIB. The asset's high-beta meme-coin character is amplifying these losses.