Shiba Inu (SHIB) traded around $0.00001176 on July 7, gaining about 2.6% in 24 hours and 2.3% for the week. Despite the short-term bounce, a steep drop in burn rate and visible resistance near its 50-period Exponential Moving Average (EMA) may limit further upside. Stiff Resistance Caps Price Despite Volume Spike SHIB’s 4-hour chart shows […]
The post Shiba Inu (SHIB) Tests 50 EMA Wall — 82% Burn Collapse Puts Rally at Risk appeared first on CoinChapter.
