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1. Market Movement Analysis (Technical & On-Chain)
As of the second week of April 2026, SHIB shows signs of recovery despite still being in a long-term *bearish* trend that began in 2025.
* **Critical Price Level:** SHIB is currently trading in the range of **$0.00000600 to $0.00000615** (around Rp0.10 - Rp0.11). The main *support* (defense) area is at **$0.00000520**, while the *resistance* (barrier) that needs to be broken for a bullish confirmation is at **$0.00000750**.
* **Burn Mechanism:** There has been a significant spike in the *burn rate*, reaching as high as **945% to 3,900%** in
SHIB-3.04%
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