Shiba Inu (SHIB) Invalidates Most Important Support in 2026
Photo: U.Today
Shiba Inu has lost the level that held it up through most of the recovery. SHIB now trades near $0.00000496 after a daily candle that opened at $0.00000509 and fell as low as $0.00000483. The move pushed the price decisively below the 100 EMA, the orange line near $0.00000528, which had acted as the primary floor since August. This matters because buyers defended that line repeatedly. It was held in late August, again in mid-September, and it was the base for the rally to $0.00000627. Early in October, SHIB closed below it, attempted to climb back, and failed.
Source: U.Today
