The Shiba Inu (SHIB) community is buzzing with excitement as prices saw a modest recovery recently — but not everyone is convinced this pump will last. Experts are raising red flags 🚩, suggesting the rally could be short-lived. Let’s break down what’s really going on 👇
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🐳 Whale Activity: Trouble Beneath the Surface
Large SHIB holders — aka crypto whales 🐋 — are offloading millions of tokens. This move reduces buy-side pressure, making it harder for prices to climb. If the whales are bailing out… should retail investors be worried? 😬
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📉 Weak Futures, Weak Momentum
SHIB’s futures open interest is just $179M, far behind competitors like PEPE and BONK. Add in a low trading volume (around $270M) and weak momentum indicators like the ADX below 20, and you get a token struggling to stay relevant in the meme coin race 🐢💤
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🧪 Ecosystem Signals Flashing Red
Shiba Inu’s much-hyped Layer-2 network Shibarium is failing to impress with a tiny TVL (Total Value Locked) of ~$2.3M. Compared to rivals, that’s peanuts 🥜 — and not the bullish kind. Without strong fundamentals, the rally could fizzle fast 💥
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🧭 Technical Analysis: Inverse Cup & Handle 🕳️☕
Chart watchers warn of a possible inverse cup-and-handle pattern, which is usually a bearish formation. Combined with bearish indicators from the Supertrend and moving averages, the charts are telling a cautious tale 📉📊
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🚀 Can SHIB Still Pump? Maybe, But…
Some analysts still see hope 🤞. If SHIB breaks above $0.0000125, we might see a quick jump toward $0.0000148–$0.0000177. But that window is tight — and the odds don’t look great without stronger support or a surprise catalyst 🎯
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📌 Bottom Line
The Shiba Inu rally may look exciting on the surface, but under the hood, the signals are concerning:
✅ Minor breakout potential
❌ Whale selling
❌ Weak futures interest
❌ Low on-chain activity
❌ Bearish chart signals
This pump may be short-lived. Proceed with caution. ⚠️
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📊 Key Levels to Watch
Resistance: $0.0000119 – $0.0000125
Support: $0.0000110 – $0.0000100 #ShibaInu 🐕#SHIBAlert 🚨#CryptoNews 📊#MemeCoinWatch 🔍#CryptoMarket 🪙 $SHIB