# Shiba Inu Rises 2.16% but Stays Below $0.00000530 Recovery Level By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/36988 Published: 2026-10-21T20:00:21.000Z Updated: 2026-10-21T20:00:21.000Z Section: Investing > SHIB traded at $0.00000520 at 3:21 p.m. ET (19:21 UTC). Its 24-hour high was $0.00000527. Shiba Inu (SHIB) rose 2.16% over 24 hours to $0.00000520 on Wednesday, trading above an initial recovery threshold while its 24-hour high remained below a higher level used to assess the move. At 3:21 p.m. ET (19:21 UTC) on Oct. 21, SHIB was above $0.00000511. Its 24-hour high was $0.00000527, short of $0.00000530. SHIB had already closed the Oct. 20 UTC session at $0.00000513, above the first threshold. That followed an Oct. 18 low of $0.00000480 and an [Oct. 19 reading below $0.00000511](). One recovery setup calls for SHIB to remain above $0.00000511 with stronger trading volume before testing $0.00000524, $0.00000537 and $0.00000554. The token’s 24-hour high exceeded the first of those price markers. A separate assessment uses a daily close above $0.00000530, preferably $0.00000542, as a sign of a stronger recovery. The Oct. 21 UTC session was still underway at the time of the snapshot, leaving that daily-close test pending. ## Links in this article - [Oct. 19 reading below $0.00000511](https://www.tokenpost.com/news/investing/35792)