SHIB Rebounds Strongly Amid Massive Volume Post Midday Dip

Shiba Inu (SHIB) staged a strong comeback from a midday dip, buoyed by heavy trading volume as market participants monitor key resistance levels for signs of a sustained bullish move.

Facing a turbulent global economic backdrop, SHIB hit a low of 0.00001405 during mid-day before rallying with notable strength.

The token’s price action points to the emergence of a short-term support zone around 0.00001447, with immediate resistance at 0.00001452—critical levels that could influence its near-term momentum.

Technical Snapshot:

SHIB traded within a 4% range over 24 hours, fluctuating between 0.00001402 and 0.00001458.
The token bottomed at 0.00001405 near 3 PM, then surged sharply on above-average volume.
The most active trading occurred from 11 PM to midnight, with SHIB climbing 1.44% on exceptionally high volume totaling 756.55 billion tokens.
A breakout above the 0.00001456 resistance on heavy volume may turn that level into a future support line.
After reaching a local high of 0.00001456 at 1:13 AM, SHIB eased back slightly to 0.00001446 by 1:32 AM.
SHIB rebounded again at 1:51 AM, breaking past the 0.00001450 resistance with a 0.88% gain on elevated volume of 15.91 billion tokens.
A short-term support area is taking shape near 0.00001447, with immediate resistance at 0.00001452.

Investors will be watching closely to see if SHIB can hold these levels and build on its recent strength.