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SHIB SHIB prices are under pressure, but broader support structures continue to form higher lows
SHIB prices are still under pressure, but judging from the broader support structure shown in today's chart, higher lows are continuing to form. Trading activity is mainly concentrated in Upbit, OKX and Binance, but in the snapshot, net inflows/outflows of funds between major trading platforms are still divided.
The latest support curve is around $0.000048, while the resistance level is close to the recent $0.000055 region shown in the candle chart. The price trend of SHIB shows a mixed structure: on the one hand, higher lows are being formed, and on the other hand, trading activity is unevenly distributed among exchanges.
Higher lows maintain structural support
The chart shows that SHIB is forming a series of gradually rising reactive lows. During the recent decline, buyers have repeatedly appeared near the green support curve. Each defended area is located above the previous reaction zone.
The earliest support curve occurred near the $0.000040 area. The price then establishes another reaction point at about $0.000044. This process forms the first visible sequence of higher lows.
A subsequent strong rally pushed the price above $0.000050. The trend briefly touched around $0.0000062, but then encountered new selling pressure. Prices then fell back, but did not return to their earliest support areas.
The latest green curve lies in the range of $0.000048-$0.000049. The SHIB rebounded from the region and moved towards the northern region of its immediate range. As a result, the model continues to show a gradually rising support structure below prices.
Trading activity shows uneven flow of funds
Mavis CNL posts directly point to higher-low structures. It points out that the green support curve continues to be effective in the charts displayed. The post also identified "clear breakthroughs" as the next possible structural trigger. 
As of writing, the trading price of SHIB was $0.000005155, a decrease of 4.87%. Among the snapshots provided, its market value is approximately US$3.03 billion. This puts the token in the upper region of its near-term recovery range.
At the same time, the trading volume heat map shows that Upbit dominates the trading activity displayed. Upbit recorded approximately $261.58 million, followed by OKX's $180.38 million. Binance also showed considerable trading volume at approximately $169.47 million.
However, the net flow diagram shows different distributions between exchanges. OKX recorded positive net traffic of about $68,490, while Upbit showed about $54,220. In the same snapshot, Binance and Coinbase showed negative net flow readings.
Support remains at the heart of the current setup
The difference between volume and net flow provides an important distinction. High trading activity does not necessarily mean that funds continue to flow inward. Despite the high volume of trading activity, the exchanges shown show varying liquidity conditions.
Upbit provides the clearest example of this difference. It recorded the highest displayed transaction volume, but showed a red block of net traffic. In contrast, OKX combines strong trading volume with the largest positive net flow reading.
Smaller heat maps include Bybit, Bitget, Kraken, Crypto.com, Gate, and Bitstamp. Their readings are lower than those on the largest exchanges. Overall, this suggests that trading activity is spread across multiple platforms.
The broader chart still focuses on the recent green support structure under the candle. The recent recovery has remained above early response lows, but below previous peaks. Breaking through recent highs will change the immediate structure, while renewed weakness could test support again.
Currently, the data shows two interrelated but independent developments. Price structures continue to show higher lows, while exchange traffic remains mixed. This combination makes the next directional change dependent on whether support continues to be solid or whether resistance finally yields.
