Can the Shiba Inu still 'bark' back? The key trend line will determine life and death!!!

SHIB is experiencing a typical cycle of 'false breakout + declining volume.' After briefly standing above $0.000015, it quickly retreated and is currently fluctuating around $0.0000147, having clearly been rejected from the 200-day moving average. This indicates that the market is not ready to accept a new round of price increases.

More critically is the trading volume. Although there are occasional rebound signals on the chart, there is a lack of genuine buying support behind them. The old saying 'if volume does not follow, the rise is hollow' is particularly applicable to the current situation of SHIB.

On-chain data is also not optimistic: over the past 7 days, whale accounts have withdrawn more than 20 trillion SHIB, leading to an 85% drop in capital outflow. Inflows are also weak, dropping from 44% to 18%. In simple terms, large funds are either fleeing or watching from the sidelines.

Currently, $0.000015 has turned from support into resistance, with potential support areas around $0.0000142 and $0.0000133. However, if the market does not see new hotspots soon or if on-chain capital continues to cool down, these two support levels may not hold.

Therefore, for retail investors, now is not the time to fantasize about a 'reversal,' but to be wary of the possibility of 'consolidation evolving into a second decline.' If the trend line is completely lost, the Shiba Inu will face a deeper correction.

#SHIB #DOGE #PEPE‏ #山寨季何时到来？ #币安AlphaSUI生态交易竞赛 $SHIB $DOGE $PEPE