Shiba Inu Falls 4.01% as Bearish Signals Keep Breakout Unconfirmed

Shiba Inu (SHIB) fell 4.01% in the latest 24-hour Binance spot session, with turnover of $9.03 million, as bearish technical signals kept a recovery setup unconfirmed. The 14-period daily relative strength index stood at 42.97, below its midpoint but above conventional oversold levels. The MACD histogram was negative, while the Stochastic oscillator showed %K at 24.75 and %D at 19.80. SHIB’s Bollinger Band %B reading was 0.0895, placing the token near the lower band.

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