SHIB Faces November Test as Investors Watch for a Recovery After 19% Drop

SHIB recovered from $0.00000448 as buyers defended support, but bearish momentum is still dominant. Breaking $0.00000488 resistance could open recovery targets between $0.00000509 and $0.00000548. Rising token burns and declining exchange balances offer bullish signals, despite continued downside risks. Shiba Inu enters November facing another crucial price test. The meme coin lost 18.6% during October, leaving investors questioning a…