The level of 573 trillion Shiba Inu SHIB was born
One of the most significant areas that Shiba Inu has faced in recent months is currently relevant. Between $0.000014 and $0.000019, the price has primarily aligned with a historically dense accumulation area, consisting of 573 trillion tokens $SHIB .
Held in over 174,000 wallets.
This essentially creates a psychological support group for the battle and a liquidity magnet at the same time. According to the price movement, $SHIB is consolidating below the upward trend line after breaking down. The 50 EMA acts as a ceiling, and the 100 EMA is close to providing additional downward pressure. Furthermore, the price has not regained the critical support at $0.000014, which now acts as resistance, reinforcing the short-term bearish bias.