Shiba Inu (SHIB) is experiencing a price recovery alongside a notable rise in futures market activity. As of July 9, 2025, SHIB's price has surpassed the 23.6% Fibonacci retracement level after a period of significant whale selling. The token has shown a weekly gain exceeding 5%, and trading figures indicate that the daily volume has surpassed the average of 307.5 billion tokens, suggesting increased investor interest despite selling pressure from large holders. Open interest in SHIB futures on Binance has surpassed 7 million SHIB, marking a recent peak as positive funding rates emerge, encouraging further bullish sentiment. Challenges remain, however, as a few wallets control a significant portion of the total supply, presenting potential obstacles to upward price momentum. A support zone at $0.00001172-$0.00001175 has attracted high-volume buying, while resistance is noted at $0.00001196, though price actions have tested higher daily values.

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