🚨 SHIB Resistance Alert: Can It Break Through? 📊
Shiba Inu (SHIB) is facing significant resistance as it attempts to climb higher 🚀. According to IntoTheBlock's on-chain data, over 22.7 trillion SHIB tokens are waiting to be sold just above the current price, spread across more than 49,000 addresses 📈.
Key Resistance Levels:
- $0.000014: The heaviest cluster of "out-of-the-money" holders, who bought SHIB at higher prices and are now looking to break even or minimize losses 🚨.
- $0.00001293 to $0.000015: A zone of significant resistance, where holders may be looking to exit their positions 💸.
Current Market Situation:
SHIB's current price is around $0.00001293 💸. Given the substantial resistance ahead, SHIB bulls face a challenging task in pushing the price higher 💪. Can SHIB break through this resistance and reach new heights? 🤔
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