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Binance resumes Shiba Inu withdrawals, but SHIB price remains under bearish pressure.

Market News
03 Nov 2026, 12:00 WIB
UToday
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Bearish
Binance resumes Shiba Inu withdrawals, but SHIB price remains under bearish pressure.

Binance has restored withdrawals for Shiba Inu (SHIB) and other Ethereum- and Solana-based tokens, removing a key operational restriction for holders. Despite this positive development, SHIB's price continues to face bearish momentum, trading below major moving averages and breaking key support levels. The token's price is unlikely to recover solely due to the withdrawal resumption, with immediate support around $0.00000450 and potential further declines to $0.00000430 or lower. A price turnaround would require reclaiming the $0.00000500–$0.00000520 range.

Following Binance's resumption of Shiba Inu (SHIB) withdrawals, the token still shows bearish signs on Pluang as of Nov 03, 2026 17:22 WIB. SHIB trades at Rp0,0828 with a 1-day decline of 1.49%. The market cap stands at Rp48,74 trillion, while 24-hour trading volume is Rp740,85 million, with a balanced order activity leaning slightly towards buying at 55%.

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