Shiba Inu
Why Shiba Inu is down 1.1% in the last hour
Analysis
Shiba Inu (SHIB) slipped 1.1% over the past hour as trading activity remained muted and volatility stayed low, keeping price action constrained within a consolidation range. U.Today reported that SHIB’s volatility has “hit ground” as the token enters a consolidation period, which can leave it prone to small downside drifts when there’s no strong catalyst or momentum.
Contributing Factors (1)
Shiba Inu (SHIB) Volatility Hits Ground as Price Enters Consolidation Period
Shiba Inu's volatility hitting the ground in an unexpected manner, which is the last thing you'd expect now.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.