š¾ Shiba Inu (
$SHIB ) Whales Are Making Moves: Whatās Next? š„
Shiba Inu (SHIB) has entered a new phase with increased whale activity, signaling major shifts in the market. Could a big move be on the horizon? Letās dive into the details! š
š Whale Transactions on the Rise
⢠On February 5, 2025, a massive 1.24 trillion SHIB (worth over $20 million) moved from Kraken to a private wallet.
⢠On February 12, whale transactions surged by 20.69%, totaling 1.69 trillion SHIB within just 24 hours!
This strategic accumulation could be setting the stage for a major price shiftāare whales gearing up for something big?
š Current SHIB Price and Market Trends
⢠SHIB is currently priced at $0.00001606, showing a slight decline of 0.017%.
⢠Itās trading in a tight range between $0.00001594 and $0.00001646, reflecting cautious sentiment as investors wait for clearer signals.
š” Key Support and Resistance Levels
⢠SHIB remains below its 50-day and 200-day moving averages at $0.0000197 and $0.0000192, respectively.
⢠A breakout above these levels could signal a bullish trend š.
⢠Strong support sits at $0.0000116āwatch this zone closely!
š® Whatās Next for SHIB?
With whales accumulating, Shiba Inu could be gearing up for a move. If the market strengthens, SHIB might break through key resistance levels.
⢠Will SHIB rally soon, or is more consolidation ahead? Drop your thoughts below! š
š Stay tuned for more updates and follow for the latest trends!
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