Shiba Inu (SHIB) withstood October without further decline: the movement of meme coins into November clears the desperation

October brought a positive surprise for Shiba Inu (SHIB) holders: the coin managed to consolidate above the critical level of $0.00001 without breaking into a new zero. This resistance has shifted sentiment within the meme coin community, transforming what many feared would be a month of meme despair into a victory of containment.

The unexpected consolidation

Contrary to pessimistic predictions, SHIB not only survived October but also maintained its support levels. Traders who had been panicking during previous dips now see this outcome as a sign of strength. The coin remained anchored around the $0.00001 zone, avoiding the feared breakdown into additional zeros that many analysts had predicted.

Narrative shift in November

With October closed without major damage, optimism is beginning to re-enter the meme coin markets. Traders are now considering the possibility that November could bring significant rebounds. This change in perception—from meme despair to opportunity—reflects how the community interprets the price resistance as a potential sign of recovery.

The question everyone is asking: can SHIB capitalize on this positive momentum in the coming weeks? The upcoming movements will determine whether this consolidation is truly the inflection point that bulls have been waiting for.