$SHIB has struggled to break out of a descending triangle, leading to a steady price drop over the past few days. After failing to hold above $0.000015, SHIB has dipped to $0.00001217, marking a 4.02% daily decline, with weekly and monthly losses of 7.4% and 12.34%, respectively. 📉
📊 Momentum check:
🔹 Stoch RSI plummeted from 100 to 4.23—a strong bearish signal.
🔹 However, whales and retail investors are buying the dip!
📈 Accumulation phase in action?
✔️ Spot netflow turned negative (-2.06M SHIB) – indicating more withdrawals than deposits, a sign of accumulation.
✔️ Whale activity surged – large holders bought 317.63B SHIB in the past day, up from 148.6B.
✔️ Order imbalance favors buyers, hinting at growing bullish sentiment.
🔮 What’s next?
🐂 If bullish momentum continues, SHIB could reclaim $0.000015.
🐻 If buyers fail to hold the line, we might see a dip to $0.0000108.
Are you buying this dip or waiting for confirmation? Drop your thoughts! 👇🔥