đ Shiba Inu ($SHIB ): 55 Trillion Tokens to Drive Massive Momentum đ
Big news for Shiba Inu enthusiasts! Recent on-chain data reveals a 55 trillion SHIB support cluster in the $0.000024â$0.000025 range, marking a critical point for the cryptocurrency. This zone, supported by the 50-day EMA, serves as a foundation for price stability and potential growth, with 40K+ addresses actively supporting this range.
Hereâs what this means:
Resilience Amid Volatility: SHIB is holding strong despite broader market fluctuations.
Opportunities for Growth: Breaking above $0.000026 could open doors to new highs, while maintaining the $0.000024 mark reinforces investor confidence.
On-Chain Optimism: With 47.65% of addresses in profit, the SHIB network is showing a healthy balance of accumulation and profit-taking.
đĄ Why It Matters:
SHIBâs activity could signal a breakout opportunity, with the potential for significant upside if resistance is overcome. However, investors should watch closelyâdropping below key support levels might bring price challenges.
đ Stay Informed: Follow the latest developments to see how SHIB performs in this pivotal phase.
This post is for informational purposes only and does not constitute financial advice. Always do your own research.
