Shiba Inu Rebounds Toward $0.000006 After Solana Listing
Shiba Inu (SHIB) is testing key resistance levels near $0.000006 after expanding its trading access through Solana. The latest rebound brought the price back to the upper edge of its recent consolidation range, highlighting renewed interest in the meme-linked token.
By 21:29 UTC on October 4, 2026, SHIB had bounced from a session low near $0.00000568 to approximately $0.00000594 on Binance, marking a 3.30% gain. This recovery coincided with the announcement that SHIB was listed on Solana, providing traders another route to access the token through Solana applications.
The rebound faced resistance around $0.00000591-$0.00000600, with the descending line capping earlier rebounds. Technical indicators, such as the RSI at 59.66, suggest positive momentum but not an overbought condition. However, sustained trading above resistance is needed to confirm a stronger recovery.
If SHIB maintains its position above $0.000006, it could reopen the path to September's highs, with the next major obstacle at $0.00000620-$0.00000627. Conversely, a rejection near resistance would test support levels around $0.00000550-$0.00000555, a key area defended during earlier declines.