Update
SHIB Faces Resistance on Daily Chart
SHIB remains under pressure on the daily chart, with sellers continuing to limit recovery attempts and buyers struggling to regain ground. The token is trading below the $0.00000610 level since early October, with lower highs forming. The nine-period exponential moving average sits near $0.00000512, slightly above the latest price. Japan's reported inclusion on the crypto Green List could improve exchange listing procedures, but it does not guarantee new buyers or a lasting price rise. SHIB closed at $0.00000505 with a 2.13% dip on October 22.