๐จ 4.87 Trillion SHIB Moved in 24H โ Trouble Ahead
$SHIB Inu is facing intense selling pressure as over 4.87 trillion SHIB were moved in just 24 hours, sparking fears of a broader downtrend. Price has broken below the 50 EMA and is approaching the 200 EMA, erasing recent gains. A descending structure is forming, and on-chain volume suggests distribution by large holders. The 7-day average volume of 2.72 trillion SHIB confirms aggressive exits. Without bullish divergence or strong buying interest, SHIB risks breaking the $0.00001200 support, possibly falling to $0.00001050. Until key levels are reclaimed, downside pressure dominates