Shiba Inu Spot Market Sees Persistent Outflows Amid $0.00000532 Price

Shiba Inu's (SHIB) spot market has seen significant outflows in recent trading periods, with buyers struggling to maintain momentum. The token is currently priced at $0.00000532 and faces pressure from sellers.

A review of the spot-flow data reveals persistent net outflows across various timeframes, including 5 minutes (-$11,460), 15 minutes (-$29,970), 30 minutes (-$89,170), and 1 hour (-$49,130). The pattern also persists in broader timeframes, with a net outflow of $75,850 over four hours and $50,970 over eight hours.

The token has held above key technical support levels but faces resistance at the long-term moving average of $0.00000572. If buyers fail to defend the $0.0000050 mark, analysts believe SHIB could revisit lows near $0.0000047.