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Shiba Inu spot market activity jumps 283%, hinting at possible recovery soon.

Technical Signals
28 May 2026
UToday
View Source
Neutral
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Shiba Inu (SHIB) shows a 283% increase in spot market activity, signaling rising real buying and selling despite ongoing bearish pressure. Exchange outflows still exceed inflows, but declining reserves and increased spot activity suggest bears may be losing control. While SHIB remains below key moving averages and downtrend continues, these flow changes hint at a potential local bottom forming if broader market conditions stabilize. Recovery is not confirmed yet but could be closer than expected.

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