Shiba Inu Stuck Below Key Resistance Zone

Shiba Inu's SHIB token has been consolidating around $0.00000576, struggling to break past the key resistance zone of $0.000006.

The token touched a recent peak of $0.00000591 on September 29, rebounding from levels below $0.000005 earlier in the month.

Bullish momentum has returned, but the central question facing traders is whether SHIB can decisively break through the $0.000006 to $0.0000061 range.

A sustained move above that zone could trigger an accelerated push toward $0.0000067 and possibly $0.0000072 if favorable trends persist, according to analysis from Coinpaper.