Long-term Holder Resilience #signals
A three-month view reveals consistently lower highs in Age Consumed during price corrections – and this pattern is generally considered #bullish as it suggests a couple of important things. First, recent corrections are primarily driven by short-term traders rather than established holders. Second, $SHIB is more likely to consolidate and possibly rebound than to continue falling further.
This whale activity #SHIB has experienced in recent weeks suggests there’s still some strong holder conviction despite all the market turbulence we’re seeing.
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