Why $SHIB may be setting up for distribution, not a breakout 🔻

On-chain flow is flashing caution: exchange reserves have climbed to about 81.5 trillion SHIB, with roughly 400 billion SHIB moving onto exchanges in a short burst. That usually means liquidity is being positioned for exits, not quiet accumulation.

Price is still stuck below the 50 EMA with muted volume and compressed volatility, so the tape looks more defensive than explosive. Until fresh demand absorbs that incoming supply, the path of least resistance still looks lower.

Not financial advice. Manage your risk and protect your capital.

#SHİB #Crypto #Altcoins #OnChain #MemeCoins

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SHIB

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