Shiba Inu Price Eyes Recovery From Demand Zone With Burn Rate Soaring Nearly 400%

The Shiba Inu price has drawn attention as its chart shows tightening consolidation near a key demand zone. The pattern aligns with renewed shifts in supply and investor behavior, where the SHIB price has reacted to surging burn activity and notable exchange outflows. These dynamics have fueled discussions among analysts on whether the token could be preparing for a decisive breakout.