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Shiba Inu's exchange flows turn negative after 7 days, hinting at possible market recovery.

Technical Signals
13 May 2026
UToday
View Source
Bullish
pluang ai news

Shiba Inu (SHIB) has seen its exchange netflows turn negative for the first time in seven days, with more tokens leaving exchanges than entering. This shift suggests reduced selling pressure and potential for a market recovery. Technically, SHIB is building an ascending structure and trading near key resistance levels, supported by favorable momentum indicators. However, it remains below its 200-day moving average, so broader market conditions and Bitcoin's trend will influence its next moves.

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