#Shibalnu
đ Shiba Inu ($SHIB ) Hits Major Milestone: 16M Transactions! đś
Shiba Inuâs network is buzzing with over 16,020,666 transactions recorded, proving SHIB is more than just a meme coinâitâs thriving! đ Despite a tricky technical setup with SHIB testing the lower boundary of a symmetrical triangle at $0.0000126, the on-chain activity tells a powerful story. On Aug. 15, 2025, over 5,400 transactions moved 10T SHIB, one of the highest transfer volumes recently. đ¸
đ Technical Outlook: SHIBâs price is consolidating, with declining volume and RSI at 45 signaling low momentum. A bearish crossover looms as the 50 EMA nears the 100 EMA, with the 200 EMA acting as resistance. A break below $0.0000120 could test March lows, while a close above $0.0000135 may target $0.0000145.
đĽ Why It Matters: Consistent transaction volume shows strong community engagement, keeping SHIB relevant in the meme coin space. With a potential breakout from the triangle looming, volatility could be around the corner. â°
Are you holding SHIB?