🚨 $SHIB Insights: Strategic Accumulation by Whales Unveiled! 🐋🔍
📈 Onchain Data Overview:
- 🔥 Justin Sun's Moves: Noteworthy transactions by Justin Sun involve the acquisition of 577 billion $SHIB (approx $6.26 million) from #Binance at $0.0000103 on Dec 18-19.
- 🌐 Newly Created Wallet Activity: A newly created wallet withdrew 273.86 billion $SHIB (approx $2.67 million) from #Binance, indicating fresh strategic moves.
- 💪 Consistent Accumulation: Another whale has steadily accumulated 850 billion $SHIB (approx $7.6 million) from #Binance at an average price of $0.0000089 over the past month.
📆 Accumulation History:
- 🔄 Continuous Accumulation: A whale began accumulating $SHIB on August 9, amassing 543.3 billion $SHIB (approx $5.8 million) from #Binance at an average price of $0.0000083.
📊 Technical Analysis Insights:
- 📈 Bullish Chart Patterns: $SHIB exhibits strong bullish momentum on higher time frames with positive price action and a weekly close/retest of EMA 50.
- ✔️ Bullish Trend Confirmation: A weekly close above Kumo will serve as confirmation for an ongoing bullish trend.
- 📉 Strategic Buying Zones:* Target buying zones around 0.00000945 - 0.00000960 for potential midterm and long-term gains.
🔍 Analysis Note: Perform your due diligence (DYOR) and stay informed. Non-financial advice (NFA).
🚀 Stay Sharp and Ride the $SHIB Momentum! 🌐💰💎 #sol #BTC #BLM #SHIB