Shiba Inu (SHIB) has displayed a mixed performance recently. Over the past 30 days, the meme coin has seen a 23% increase, with a 3.4% rise in the last 24 hours. However, it remains down by 8.5% over the past week. Current price movements indicate a temporary halt in momentum, with SHIB trading within a narrow range and encountering resistance at key levels. The Relative Strength Index (RSI) is stabilizing, hinting at a market in a wait-and-see mode. The number of SHIB whales has slightly decreased, possibly indicating a reduction in large-holder participation. With SHIB's RSI hovering around the middle range, the asset is neither overbought nor oversold, suggesting a potential sideways movement in the near future. Traders are closely monitoring key support and resistance levels to anticipate the next price direction. Read more AI-generated news on: https://app.chaingpt.org/news

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