🚨 4.78 Trillion $SHIB Moves in 24 Hours—What’s Going On? 🚨
🔥 Shiba Inu (SHIB) is stealing the spotlight once again as massive trading volumes and shifting market dynamics captivate traders. Here’s what’s happening:
🔑 Key Highlights:
🐋 Whale Slowdown: Large SHIB transactions dropped by 20.73%—equal to 4.78 trillion SHIB ($121.29M)—signaling reduced whale activity.
📈 Retail Frenzy: Retail traders are stepping up, driving a 92% surge in trading volume to a staggering $3.19 billion!
🚀 Price Surge: SHIB jumped 13% in the past 24 hours, trading at $0.00002768 with an intraday high of $0.00002816.
📊 Price Analysis:
Resistance Alert: Breaking $0.000029 could trigger a bullish inverted head-and-shoulders pattern, eyeing targets at $0.000039 and $0.000047.
Support Watch: Falling below $0.000023 might bring bearish pressure, pushing prices toward the 50-day SMA at $0.000020.
🌐 Market Sentiment:
With retail investors rallying behind SHIB and whales pulling back, the market is at a tipping point. A breakout could unleash major momentum, while key resistance levels keep traders on their toes.
💭 What’s Next for SHIB?
Will retail power push SHIB past critical resistance, or will the whales’ absence slow the rally? One thing’s for sure—volatility is brewing.
💡 Stay Ahead:
Follow for more updates on SHIB, because every move in the market could be your next big opportunity!
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