### **Shiba Inu (SHIB) Showing Bullish Signal: Breakout Imminent or Retracement Risk? **

Shiba Inu (SHIB) has recently shown potential signs of recovery after a prolonged period of consolidation. SHIB's price action has attracted intense market attention as trading volumes increase and key technical indicators break out.

1. **Current Price and Key Resistance**

- **Current Price**: SHIB is approaching key resistance at **$0.000025**.

- **Technical Signals**:

- **50-Day vs. 200-Day EMA**: SHIB has broken above two important moving averages, which is considered a strong bullish signal.

- **Surge in Trading Volume**: Trading volume has increased significantly over the past week, indicating increased investor interest.

2. **Next Target: $0.00003**

- If SHIB successfully holds the **$0.000025** resistance level, it may quickly hit the key psychological level of **$0.00003**.

- A sustained move above **$0.00003** would pave the way for higher price targets, possibly testing **$0.000035** or higher.

1. **Large Transactions and Whale Activity**

- **Large transaction activity**: Over the past week, the total number of transactions over **$100,000** reached **$2.69 billion**, showing significant whale participation.

- **Holder Profitability**: Currently **61% of holders** are making profits at the current price, which provides strong support for the market.

- **Sell-off Risk**: However, **31% of holders are still in the red** and if the price rises quickly, it could trigger profit-taking, increasing volatility in the short term.

2. **Position concentration**

- **73% large holder concentration** indicates SHIB is vulnerable to whale manipulation. While large holders provide solid support, selling off could lead to a short-term price correction.

3. **Market Participation**

- **Daily trading volume**: The trading volume of SHIB in the past day reached **3.4 trillion SHIB**, which is lower than the seven-day peak of **29.22 trillion SHIB**, but shows that market activity is still high.

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