#SHIBA🚀
Net outflows from the SHIB spot market show that investors are increasingly selling off their savings.📉📉📉
This trend indicates a bearish market sentiment, as investors prefer to take profits rather than hold on to coins. Mistrust of SHIB threatens to put additional pressure on the token price.🫣🫣🫣
At the same time, the average time SHIB is held in wallets has decreased significantly. Thus, the indicator has decreased by 48% over the past seven days.😢😢😢
This is another bearish signal. It confirms the thesis that sellers, not buyers, currently dominate the Shiba Inu market.🐹🐹🐹
The token is currently holding above the nearest support level at $0.000021. However, if the bulls fail to hold this level, then the memecoin will be at risk of falling to $0.000019.🤔🤔🤔
But if buyers have enough strength and the mood in the broader crypto market begins to improve, then the price of Shiba Inu could rise to $0.000026.🚀🚀🚀