Shiba Inu falls 10% after local peak, clings to 200-day moving average
Shiba Inu saw a sharp reversal after a recent attempt to clear persistent resistance, raising concerns about the durability of its ongoing uptrend. The price briefly surged above $0.00000620, but quickly dropped about 10% from this local high to approximately $0.0000056, erasing much of the latest breakout’s gains within hours.