### Shiba Inu Faces Uncertainty as Billions of SHIB Tokens Flood Market

Shiba Inu (SHIB) has experienced significant volatility, trading between $0.0000132 and $0.0000145, as a massive inflow of SHIB tokens fueled investor caution. Over the past 24 hours, SHIB suffered a 6.96% drop, reaching an intraday low of $0.00001328 amidst heavy trading during overnight hours.

Throughout the trading period from May 29 to May 30, 2025, SHIB exhibited considerable fluctuations, with prices spanning from $0.000013252 to $0.000014508. According to technical analysis by CoinDesk Research, a crucial support level has emerged around $0.000013285, where buying pressure prompted upward price reversals. However, the upward momentum weakened near the resistance level of $0.000014500.

Macroeconomic factors, including heightened geopolitical tensions and shifts in trade policies, have contributed to the volatility in the cryptocurrency market, impacting SHIB's price movements notably. Additionally, on the microeconomic front, an influx of over 2 trillion SHIB tokens into exchanges, combined with a descending triangle pattern, signaled potential bearish trends.

The shifting market dynamics have constrained SHIB's price movement, even as broader market conditions showed gains. Despite strong support at $0.000013285, the resistance at $0.000014500 capped upward momentum. By the end of May 30, the price of SHIB stabilized around $0.000013390, accompanied by a noticeable decline in trading volume, reflecting investor caution.

As SHIB traders navigate this period of instability, the cryptocurrency's next breakout move remains uncertain, influenced by both macroeconomic and microeconomic elements.