Overview
- SHIB rose roughly 5% on Oct. 1 to about $0.00001225, holding the long‑defended support near $0.00001180.
- Immediate resistance clusters at the 20‑ and 50‑day EMAs around $0.00001237–$0.00001263, with higher targets lining up at the 100‑ and 200‑day EMAs if reclaimed.
- Analyst CryptoNuclear highlights a demand shelf at $0.00000850–$0.00001183 and flags $0.00001580 as the first breakout level on a higher‑timeframe close, with $0.00000543 as a downside checkpoint if the base fails.
- On Oct. 1, on‑chain trackers recorded about $1.9 million in net outflows, indicating profit‑taking during the rebound despite reduced exchange supply.
- Trading volumes remain relatively low near $150–$206 million, and the bounce coincided with a broader Bitcoin‑led market lift, tempering confidence in a sustained SHIB rally without stronger participation.