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Shiba Inu (SHIB) falls below key 100-day moving average, recovery hinges on regaining $0.00000530 level

Technical Signals
16 Oct 2026, 21:28 WIB
Tokenpost
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Bearish
Shiba Inu (SHIB) falls below key 100-day moving average, recovery hinges on regaining $0.00000530 level

Shiba Inu (SHIB) dropped below its 100-day exponential moving average near $0.00000528 on October 15, hitting a low of $0.00000483. For a recovery, SHIB must first surpass $0.00000500 and close above the 100-day average, ideally above $0.00000530 to $0.00000542. Analysts highlight resistance levels at $0.00000563 and $0.000006, while support lies between $0.00000474 and $0.00000410. This movement continues the trend of SHIB struggling to break past the $0.000006 resistance mark.

Shiba Inu (SHIB) trades at Rp0.091 on Pluang as of Oct 17, 2026 01:41 WIB, showing a slight 1-day increase of 0.03%. Despite the article noting SHIB's struggle to break above $0.000006 resistance, its market cap on Pluang stands at Rp53.96 trillion, reflecting substantial investor interest. The 24-hour trading volume of Rp862.92 million and a balanced buy-sell order activity of 55% buy to 45% sell indicate steady trading engagement among Pluang users.

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