đ¶ **SHIB/USDT: MemeâCoin Resurgence Back in the Spotlight**
đ§ **Overview**
Shiba Inu prices bounced ~17% after a surge in whale buys and a technical golden cross on the 4âhr chart.
đ **Key Drivers**
1. **Whale Accumulation**
- Investors scooped up 10.4âŻT SHIB (~$110âŻM) at ~$0.00001005âthe biggest oneâday buy in 5 months.
- Onâchain volume spiked +61%, pointing to renewed institutional interest.
2. **Bullish Technicals**
- A golden cross and retest of support at $0.000011 launched the move.
- Weekly/daily charts show bullish divergences around $0.0000115â$0.0000125.
3. **Volume & VâReversal**
- A Vâshaped recovery from $0.00001008, with ~8âŻT SHIB in trading volume, highlights renewed momentum.
â ïž **Risks Ahead**
- Immediate resistance at ~$0.000012 could limit gainsâmany holders are at breakeven there.
- Technicals hint at possible retest of $0.00001064â$0.00000986 support levels.
â **Takeaway**
SHIBâs recent rebound is driven by whales, volume, and technical strengthâbut volatility remains elevated. Users should **do their own research**, manage exposures, and steer clear of overleveraging.