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Shiba Inu (SHIB) Whales Prepare for Potential 30% Gain Amid Weakening Trend

October 17, 2024 by Abiodun Oladokun, Daria Krasnova

In Brief

Shiba Inu's price is consolidating, with resistance at $0.000018 and support at $0.000016. It is also experiencing reduced volatility.

Whale accumulation has increased, signaling the potential for a 32% price gain if broader market buying is triggered.

A breakout could push SHIB past $0.000018, while reduced whale activity risks a drop below $0.000016 support