Compass, the wave with Shiba Inu (SHIB) is stranger than a hundred bolívar bill in Miami. It turns out that the price of the meme dog is in free fall. In a month, it has already plummeted more than 17% 😱 and active users, that is, the people moving the money, are disappearing at historical low levels. This is generally a sign that the train is about to derail.
Technical analysts are seeing a lot of red signals:
The Daily Active Addresses are almost on the floor.
The indicator Bull-Bear Power says that the bears are taking control.
And as if that weren't enough, the EMA (a price average to see trends) of 20 days crossed below that of 50 days. That's like a blinking red emergency light! 🚨
Everything points to the price potentially continuing to fall to 0.00001215 and, if things get ugly, even down to 0.00001160.
But hold on to your seat! 🪑 Because in the midst of this disaster, there is a ray of hope. The heavy players in the game, that is, the 100 largest wallets (known as "whales"), are buying! 🐋 As if they were on sale, these mega-accounts have accumulated trillions of SHIB in the last 90 days.
The Chaikin Money Flow (CMF) indicator, which measures capital inflows and outflows, remains in positive territory, and that means that despite small investors fleeing, big money is coming in. In short, while some are running, others are filling their pockets.
This is a crypto chess game. Analysts believe that these whales are taking advantage of the fear to buy cheap, hoping for a turnaround. The question is: do they have enough strength to stop this fall and turn the tables? Watch out, because only a rise above 0.00001320 could save the day.
Will the whales' strategy pay dividends? Or is it just a signal that will end with others fleeing? 🕵️♂️💸$SHIB
