SHIB Rallies 5% After Mid-Day Drop, Ignoring Global Economic Pressures

Shiba Inu’s SHIB token posted a swift recovery late Monday, reversing earlier losses as broader crypto markets navigated heightened economic and geopolitical uncertainty.

The asset dropped sharply during the 15:00 hour, reaching a session low of $0.0000139. However, a strong resurgence in the 22:00 hour saw SHIB climb 3.0% on nearly 900 billion in trading volume, reclaiming ground and establishing fresh resistance at $0.0000147.

24-Hour Performance Snapshot:

• Price Range: $0.0000139 to $0.0000147 (5.24% spread)
• Mid-Day Sell-Off: Steep decline at 15:00 led to session low
• Rebound: 3.0% rally during 22:00 hour on high-volume buying
• Resistance: Newly formed at $0.0000147
• Volatility Spike: 4.5% swing between $0.00001453 and $0.00001463 in the final hour
• Mini-Rally: Price surged from $0.00001455 to $0.00001463 between 01:26–01:46 as volume hit 30.15B
• Late Action: Selling resumed in the last 15 minutes, forming a descending channel to $0.00001457

Despite macro headwinds, SHIB’s intraday bounce underscores sustained market interest and the potential for upside continuation should volume remain elevated.