Futures
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TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
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Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
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Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
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Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
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Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Lately, looking at the Shiba Inu market trend, it's really frustrating. DOGE has been continuing its decline near $0.09, and SHIB is also being pushed down together. Despite the overall market showing stability, these meme coins keep slipping away.
Technically, even though trading volume has increased significantly compared to usual, a rebound isn't happening. DOGE is unable to recover the psychological level of $0.13, and SHIB hasn't regained its previous support level. There are signals of whale accumulation, but the price movements aren't following, so short-term confidence seems lacking.
Unlike assets like ETH, which appear relatively solid, Shiba Inu continues to stay weak. This indicates that risk aversion in speculative assets remains strong. Recently, Coinbase launching SHIB futures contracts is positive in the long run, but it hasn't yet influenced short-term price movements.
Ultimately, for Shiba Inu to regain momentum, it needs to break through key resistance levels supported by trading volume. Right now, technical factors are dictating everything, and without chart recovery, any rally attempt is likely to be pushed back by selling pressure.