Shiba Inu Tests Critical Support Level As Open Interest Drops 28% From January Peak
Shiba Inu declined roughly 3% over 24 hours to trade around $0.00000870 on Wednesday, testing technical support levels as derivatives market activity cools. The meme token has retraced from a Jan. 13 peak of $0.0000091 while open interest in SHIB futures declined from $145 million earlier this month