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Shiba Inu Price Pulls Back After 40% Surge as Bulls Defend Crucial Support Zone

Guavy AI Editorial Team
Instruments
SHIB
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Shiba Inu's price has pulled back after surging nearly 40% to around $0.0000058, but bulls are still defending a crucial support zone.

The rapid reversal suggests some traders took profits after the breakout, while daily indicators show a strengthening trend with mixed momentum.

A close above $0.0000048 is needed for renewed buying strength, and the liquidation map warns of potential volatility spikes near $0.0000045.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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