đš $SHIB Insights: Strategic Accumulation by Whales Unveiled! đđ
đ Onchain Data Overview:
- đ„ 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.
- đ Newly Created Wallet Activity: A newly created wallet withdrew 273.86 billion $SHIB (approx $2.67 million) from #Binance, indicating fresh strategic moves.
- đȘ 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.
đ Accumulation History:
- đ 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.
đ Technical Analysis Insights:
- đ Bullish Chart Patterns: $SHIB exhibits strong bullish momentum on higher time frames with positive price action and a weekly close/retest of EMA 50.
- âïž Bullish Trend Confirmation: A weekly close above Kumo will serve as confirmation for an ongoing bullish trend.
- đ Strategic Buying Zones:* Target buying zones around 0.00000945 - 0.00000960 for potential midterm and long-term gains.
đ Analysis Note: Perform your due diligence (DYOR) and stay informed. Non-financial advice (NFA).
đ Stay Sharp and Ride the $SHIB Momentum! đđ°đ #sol #BTC #BLM #SHIB
