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Shiba Inu price rises 7%, breaks above $0.0000066 with strong buying and rising leverage.

Technical Signals
11 May 2026
Blockonomi
View Source
Bullish
pluang ai news

Shiba Inu (SHIB) surged 7% within days, reclaiming the $0.0000066 price level after steady gains starting May 10. The token showed higher highs and lows on the 1-hour chart, indicating sustained buying pressure. Open Interest rose from above 5 billion to over 6 billion, while net long positions shifted from -200 million to +400 million, reflecting increased trader confidence and leveraged buying. If SHIB holds above $0.00000665, further price gains may follow as market participation and momentum remain strong.

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