Shiba Inu recorded a mild but notable price recovery over the past 24 hours, rising 0.89% to trade around $0.00008030. The move came after a volatile trading session marked by sharp dips and quick rebounds. However, SHIB managed to stabilize and push back into the green as buyers stepped in.

The market cap stands near $4.73 billion, up 0.62%. Trading activity also increased, with 24-hour volume rising by more than 16% to about $132 million. This rise in volume shows renewed interest and stronger engagement from traders.

The circulating supply remained steady at 589.24T SHIB, with total and maximum supply both near 589.55T SHIB. The holder count stayed firm at 2.88 million, indicating stable community participation despite broader market uncertainty.

Price Movement and Intra-Day Volatility

The chart shows SHIB opened the session near $0.00007977 before facing downward pressure. Bears pushed the price lower during the early hours, creating a red stretch on the chart as SHIB slipped toward the $0.000078 zone. The pullback signaled weakening momentum and cautious sentiment.

_{Source: CoinMarketCap}

However, the trend shifted as buyers returned. SHIB bounced aggressively, printing an intense green wave that took the price back above $0.000080. The daily high reached $0.00008133, while the low hovered around $0.00007808. This swing shows that bulls are defending the lower range while bears remain active around the upper band.

Trend Outlook and Market Sentiment

Shiba Inu continues to trade far below its all-time high of $0.00008845, recorded in October 2021. Yet the token remains massively above its all-time low of $0.00000008165, highlighting its long-term rise in adoption and speculative interest.

Related article: Shiba Inu Faces Sell Pressure: Is SHIB Preparing for a Rebound?

Momentum now leans slightly bullish as SHIB attempts to build support above $0.000080. If buyers maintain pressure, the token could retest the $0.000081 zone again. On the other hand, any drop below $0.000079 may invite more selling.

Shiba Inu delivered a mixed but encouraging 24-hour performance. The price pulled back early but rebounded strongly to close in positive territory. Traders are watching the $0.000080 support area closely, as stability here may fuel another upward push. For now, SHIB shows signs of gradual recovery as volume rises and buyers regain confidence.