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Shiba Inu Investors Transfer 4.29 Trillion SHIB to Coinbase; What Happened Next Will Shock You 😱 **Key Points:** - Despite market uncertainty, Shiba Inu's price stabilizes above $0.0000206. If this support holds, SHIB could rebound and needs to surpass $0.0000296 to achieve a 53% gain to $0.000045. - A breakout above $0.0000297 would indicate a significant trend reversal for SHIB. The intraday trading volume for Shiba Inu is $759.5 million, showing a 50% increase. - For the past two months, Shiba Inu has been trading sideways, stabilizing above $0.0000206 and forming a local bottom. - Ten wallets have transferred a total of 4.29 trillion SHIB (approximately $97.33 million) to Coinbase. These wallets accumulated SHIB between September 2021 and March 2024. - These transactions increase supply pressure on SHIB, potentially causing a price drop back to $0.0000206. If this support holds, buyers are likely to resume bullish momentum and prepare for a price reversal. - The 200-day exponential moving average (EMA) near $0.0000206 provides additional support for buyers. The bearish crossover between the MACD and signal lines indicates that sellers currently dominate SHIB trades. #SHIB #FavoriteToken

Shiba Inu Investors Transfer 4.29 Trillion SHIB to Coinbase; What Happened Next Will Shock You 😱

**Key Points:**

- Despite market uncertainty, Shiba Inu's price stabilizes above $0.0000206. If this support holds, SHIB could rebound and needs to surpass $0.0000296 to achieve a 53% gain to $0.000045.

- A breakout above $0.0000297 would indicate a significant trend reversal for SHIB. The intraday trading volume for Shiba Inu is $759.5 million, showing a 50% increase.

- For the past two months, Shiba Inu has been trading sideways, stabilizing above $0.0000206 and forming a local bottom.

- Ten wallets have transferred a total of 4.29 trillion SHIB (approximately $97.33 million) to Coinbase. These wallets accumulated SHIB between September 2021 and March 2024.

- These transactions increase supply pressure on SHIB, potentially causing a price drop back to $0.0000206. If this support holds, buyers are likely to resume bullish momentum and prepare for a price reversal.

- The 200-day exponential moving average (EMA) near $0.0000206 provides additional support for buyers. The bearish crossover between the MACD and signal lines indicates that sellers currently dominate SHIB trades.

#SHIB #FavoriteToken

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