Overview

• SHIB rose more than 5% on Oct. 1 to roughly $0.00001225–$0.00001231 after rebounding from about $0.00001180 within a long-observed support band near $0.00001150–$0.00001180.
• Immediate resistance sits near the 20- and 50-day EMAs around $0.00001237–$0.00001263, with short-term support now near $0.00001210 after a breakout on lower time frames.
• On-chain data registered about $1.9 million in net outflows on Oct. 1, indicating profit-taking that leaves the rebound reliant on renewed spot demand.
• Exchange reserves have fallen to a two-year low near 84.34–84.49 trillion SHIB, suggesting reduced immediate selling pressure on centralized platforms.
• A macro map highlighted by analysts places SHIB’s make-or-break demand zone at $0.00000850–$0.00001183 and flags $0.00001580 on a 6-day close as the first confirmation threshold for a larger advance.