The "Shiba Inu" (SHIB) currency is experiencing a significant flow from exchanges to private wallets, with 111.8 billion tokens withdrawn on May 20, indicating accumulation by long-term investors. According to technical analysis, this could lead to a potential increase of 108% in price, targeting levels of $0.00002868 or even $0.00003175.

Key Points:$SHIB

- Outflows: A significant decrease in SHIB tokens on exchanges (111.8 billion) is considered a bullish signal, indicating investor confidence.

- Support and Resistance Levels:

- Critical Support: $0.00001082 (breaking this could lead to a sharp decline).

- Target Resistance: $0.00001527 (breaking this could trigger upward movement).

- Derivatives Indicators: A 6% increase in open interest and positive funding rates support the bullish trend.

- Risks: Failure to break the $0.00001527 level could result in a "Bull Trap" and a price decline.

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