🚀 Shiba Inu ($SHIB ): Skyrocketing with a 3,679% Burn Rate & Key Resistance in Sight!
🔥 Burn Alert: SHIB has slashed its circulating supply with an astounding 3,679% burn rate, fueling its price to a yearly high of $0.00002612, up 8.82%!
🎯 Critical Levels to Watch:
Current Resistance: $0.00003076
Next Target: $0.00004587 🚀
📈 Bullish Signals:
Moving Averages Cross: 9-day MA has overtaken the 21-day MA—uptrend confirmed!
On-Chain Activity: Active SHIB addresses up 0.81%, showing unwavering community support.
Market Sentiment: Open interest surging by 14.38%, signaling trader confidence.
⚠️ Stay Sharp:
Exchange reserves are creeping up (+0.04%), hinting at potential profit-taking. Volatility is high (ATR: 0.00000237), so strategy is key!
Will SHIB break $0.00003076 and rally to new highs? Or will selling pressure pull it back to support levels? 📊
💡 Trade smart, seize opportunities, and watch SHIB’s next move on Binance!
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