Shiba Inu price has held above its main daily moving averages near $0.00000587, with October’s recovery facing an early test at $0.00000600 following its launch on Solana through Sunrise.
TradingView’s Binance $SHIB/$USDT daily chart places the token at $0.00000587 on Oct. 5, down 0.68% for the session. The recorded daily range extends from $0.00000584 to $0.00000601, putting the latest price below the session’s test of the $0.00000600 area.
$SHIB’s recovery from its summer lows has brought price above several moving averages that previously sat overhead. However, the weekly chart still shows a much longer decline from the peaks reached in 2024, leaving nearby resistance central to the October outlook.
