๐ฅSHIB Burn Rate Skyrockets 3,500%! Is a Breakout Brewing? ๐๐ถ
Shiba Inu just incinerated 500M SHIB, sending its burn rate soaring by 3,500%! ๐ฅ
This sparked a 4% jump in both price and open interest (OI) ๐
SHIB is clawing back strength with a market cap now above $7.2B ๐ช๐
๐ฅ BUT whale activity plunged 65% โ large transactions fell from 17.6T to just 948B SHIB ๐ฑ๐
๐ Trade Setup:
๐ปSupport: $0.00001890
๐ปResistance: $0.00002210
๐นIf SHIB flips resistance, we could see a rally to $0.000025 ๐
Retail traders stepping in as whales step back โ a classic underdog breakout setup? ๐
