Over 100T SHIB tokens are now profitable, signaling renewed investor confidence.
SHIB formed an inside-week candle, suggesting a potential pause before upward movement.
A breakout above key moving averages could trigger the next bullish wave.
Shiba Inu's SHIB has achieved another milestone—and traders are watching closely. Over 100 trillion SHIB tokens are now profitable. That equals about $1.16 billion sitting in green territory. This rebound comes after a rough drop that scared off many small holders. But now, whales are stirring again, and SHIB looks ready for something bigger. So, is this just a pause—or the spark before a storm?
https://twitter.com/Utoday_en/status/1939649683904688132 Profitability Spike Hints at Accumulation
According to IntoTheBlock data, over 100.54 trillion SHIB are “in the money.” That means buyers got in early and now sit on gains. Last week, that figure fell below 100 trillion during a sharp crypto sell-off. SHIB lost momentum. Fear crept in. Big wallets paused. But that silence didn't last long. Over the weekend, SHIB made a steady climb. From a low of $0.00001106, the token rose for three straight days. Traders noticed the shift. Optimism slowly replaced doubt. Though SHIB dropped 1.42% early Monday, the tone felt different. This wasn’t panic—it was a breather.
What Next After the Breakout?
Chart patterns support this shift. SHIB formed an "inside-week" candle. That usually signals exhaustion in a downtrend. Volume also picked up on June 29 as SHIB broke free from its consolidation. The Bulls might not be charging yet, but they’ve definitely entered the field. A break above the 50-day and 200-day moving averages could change the game. Those levels sit near $0.000013 and $0.0000156. Climbing above both would unlock the path to $0.00002. That’s the level where sentiment could flip entirely.
Right now, SHIB finds solid support near $0.00001. That level acted like a safety net during the June 22 pullback. Buyers stepped in, cushioned the fall, and pushed prices back up. That bounce matters. It shows buyers still believe. Retail traders may trail behind, but whales often move first. If accumulation continues, momentum will follow. Shiba Inu isn’t just riding hype. Technical signals now line up with investor behavior. That combination can fuel sharp upside moves.
Still, nothing guarantees a clean breakout. Resistance looms, and broader market conditions matter. But if SHIB clears key levels, the next run could surprise even longtime holders. Shiba Inu regained its footing at the 100T mark. Volume and chart signals hint at momentum. A break above major averages could ignite a fresh rally. The bulls may be warming up—get ready.
