🚀 $SHIB Analysis: Massive Whale Moves — Momentum Loading? 🐳🔥
Shiba Inu (SHIB) just saw its biggest wave of whale activity since June 6, with 406+ large transfers and over 1.06T SHIB flowing into exchanges. But instead of panic selling, whales look like they’re repositioning, not running. 👀
Even with the huge inflows, SHIB held its key structure — no breakdown, no fear. The token recently broke out of a falling wedge and is now retesting the upper zone around $0.00000883, where buyers continue to defend strongly. 💪
Momentum is quietly rebuilding:
MACD flipped upward after weeks of flat movement 📈
Taker Buy CVD shows steady buy-side absorption for 90+ days
Dips keep getting snatched up, hinting at accumulation, not distribution
🔥 SHIB burn rate spiked 1,244% in just 24 hours — tightening supply right as whales and CVD heat up. Perfect confluence.
Funding rates also turned positive, showing renewed long-side confidence, with liquidation pockets around $0.0000084–$0.00000886 likely to get swept during volatility spikes.
⭐ Bottom line:
SHIB has whale support, a clean breakout retest, rising momentum, a huge burn surge, and bullish funding. As long as the retest zone holds, the momentum extension remains on the table. 🚀🐶🔥
