#Shibalnu against a Resistance Wall of 476 Trillions.

The popular meme cryptocurrency faces a test of fire. A colossal resistance wall, valued at 476 trillions of $SHIB and situated between $0.000017 and $0.000019, has been erected. On-chain data reveals that nearly half of the SHIB holders are at breakeven in this zone, creating a significant psychological and technical barrier.

However, SHIB shows strength by surpassing the 200-day EMA, signaling a possible trend change. With robust volume and a daily increase of 8.9%, the cryptocurrency struggles within this resistance. The key for a rally towards $0.000024 lies in overcoming this selling pressure. Otherwise, a pullback towards $0.000015 could occur. The decisive moment for SHIB has arrived.