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Tadas Klimasevskis

Shiba Inu Reclaims $0.00000629 Support as Futures Metrics Turn Bullish on February 17, 2026

On February 17, 2026, Shiba Inu (SHIB) traded around $0.00000650–$0.00000659 after recovering the key $0.00000629 monthly support zone but still struggling to remove its fifth decimal zero. Despite a 31% rebound from the February 6, 2026 low of $0.00000500, indicators such as Chaikin Money Flow remain slightly negative and large holders are not accumulating aggressively. At the same time, a supply shift into self-custody and a positive Open Interest funding rate with a leveraged long-to-short ratio near 1:02 suggest futures traders, particularly on Binance, are positioning more bullishly even as spot buying power appears weak.