💥💥Shiba Inu (SHIB) Whale Sell-Off💥💥
On-chain data reveals a significant change in investor behavior, putting pressure on Shiba Inu (SHIB). The price struggles to maintain upward momentum, currently trading at $0.00002413.
🚨Whale Sell-Off
Addresses holding 10M-100M SHIB tokens decreased by 20%. Wallets with $10,000-$1M in SHIB also dropped by 16-22%. This indicates a pronounced sell-off among high-value holders.
🚨Retail Accumulation
In contrast, addresses holding $1-$1,000 worth of SHIB increased by 7-25%. This suggests smaller retail investors are taking over.
🚨Market Stability
The discrepancy between whale exits and retail accumulation raises questions about market stability. Low trading volume adds to bearish signals, indicating a lack of enthusiasm.
🚨Technical Analysis
The RSI lingers near the neutral 50 level, indicating indecision among traders. Critical resistance is at $0.00002555, while important support is at $0.00002200.
🚨Main highlights
The current whale sell-off warns Shiba Inu investors to exercise caution. While retail interest remains, SHIB's future depends on the larger market's ability to withstand these sell-offs. Investors should closely monitor volume levels and key price thresholds.#BinanceMegadropSolv #SHİB #CryptoReboundStrategy