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Shiba Inu spot buying surges 128%, signaling buyer return amid potential recovery.

Market News
10 Jul 2026
UToday
View Source
Bullish
pluang ai news

Shiba Inu (SHIB) is showing signs of recovery as spot buying activity increases by over 128%, indicating renewed buyer interest after weeks of selling pressure. This rise in spot flow suggests actual capital entering the market, reflecting a shift from panic selling to accumulation. Despite still trading below key moving averages and remaining in a long-term downtrend, SHIB has stabilized above recent lows and is defending support levels. The critical resistance zone to watch is $0.00000450-$0.00000480, where a breakout could confirm a trend reversal, though overall trading volume remains muted, requiring more participation for sustained gains.

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