🔥 516 Trillion SHIB at Risk — What's Next for Shiba Inu? 🔥
Shiba Inu ($SHIB) is approaching a crucial price zone that could determine its next big move. According to Sentora and IntoTheBlock data, 516.12 trillion SHIB held by over 116,000 addresses were bought between $0.000016–$0.000019 — and the price is getting close.
As of now, SHIB is trading around $0.00001559, up nearly 5% daily and 18% weekly, riding a wave of bullish momentum alongside the broader meme coin rally.
Key Levels to Watch:
Resistance: If SHIB enters the $0.000016–$0.000019 zone, heavy sell pressure may emerge as holders break even.
Breakout Potential: A strong move above this zone could push SHIB toward the $0.000019–$0.000024 range, where another 178 trillion SHIB are held.
Support: In case of a pullback, watch the $0.000014–$0.000016 area — a key support with 18.33 trillion SHIB.
SHIB’s daily close above the 50-day SMA ($0.00001286) for the first time in months is fueling hope, but all eyes are on whether it can smash through resistance or face a sell-off.
📊 Will SHIB power through or pull back? This week will be key.
#SHIB #ShibaInu #MemeCoinSeason #CryptoNews #AltcoinWatch #SHIBArmy #Write2Earn $SHIB
$PEPE
$MEME
