🐶 On-chain signals are exploding, SHIB is on the verge of a breakout!!!
In the past 30 days, the inflow of funds from large holders of Shiba Inu (SHIB) has surged by 643%, with on-chain activities unusually active, indicating clear intentions from whales to enter the market, and a broad distribution of funds, not controlled by a single institution, suggests that market consensus is forming!
📈 Key Technical Analysis:
SHIB is testing the resistance level of $0.0001400; a breakthrough could challenge the psychological barrier of $0.00001600 (200-day EMA).
The current RSI is nearing 70; although it is close to the overbought zone, with the push of funds, the strong trend still has explosive potential.
In the past 7 days, the net outflow from large holders has decreased by 42%, with funds shifting from dispersion to concentration, indicating an entry into a strong accumulation phase.
📊 If it successfully stabilizes above $0.000013 and holds the support at $0.000014, SHIB could aim for $0.000016 or even higher; conversely, if it breaks the support, it may quickly retreat to the $0.00001275 region.
🐳 Conclusion: Continuous accumulation by whales + technical support + strengthening sentiment at the margins, SHIB is approaching a critical turning point! However, when the market is strong, volatility will also be more intense, and confirming trading volume will be key.
