WARNING: SHIBA INU (SHIB) IS ON THE VERGE OF A VOLATILITY TSUNAMI!

Shiba Inu (SHIB) is teetering on the edge of a critical threshold, and the consequences could be catastrophic! As SHIB approaches the upper edge of a descending wedge pattern, the cryptocurrency community is holding its breath. Will SHIB break through the resistance levels and initiate a long-term reversal, or will it retrace its losses and continue the downward trend?

The on-chain data paints a bearish picture, with strong selling pressure and a high percentage of large holders (73%) who could unleash a volatility surge if they choose to sell. Meanwhile, 51% of holders are profitable, while 47% are not, adding to the uncertainty. But here's the question: what's driving SHIB's next move? Will it follow Bitcoin's lead or forge its own path?

Join the discussion and share your thoughts! Will SHIB break through the resistance levels and initiate a long-term reversal, or will it retrace its losses and continue the downward trend? Let's get the conversation started!


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