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Shiba Inu tests $0.00000650-$0.00000667 as OI tops 6B tokens and exchange reserves fall
Shiba Inu (SHIB) has risen nearly 2% over the past 7 days, pushing into the $0.00000650 area while derivatives open interest climbed above 6 billion tokens. The setup now hinges on SHIB holding the $0.00000650-$0.00000667 demand zone as short positioning slightly outweighs longs, even as Binance users skew more bullish. On the supply side, exchange reserves have dropped to 82.2 trillion coins from 170 trillion two years ago, a shift that could tighten liquidity if demand returns.