🐶 $SHIB : Cow is tired, bear is indifferent — memecoin is moving sideways "not even bothered to take profit"
After nearly 3 weeks of "stagnation", Shiba Inu (SHIB) is still stuck in the price range $0.0000111–$0.0000142, unclear which side is in control.
Despite previous attempts to break out in May, SHIB has now dropped close to the bottom of the accumulation range, buying pressure is weak, trading volume is dull.
🔻 Technical signals?
OBV indicator is going down → selling pressure is dominant
Mean Coin Age is decreasing → long-term whales… starting to release
MVRV < 0 → investors are still "holding losses"
✨ A glimmer of hope?
SHIB is approaching an important support zone. If it breaks through the resistance of $0.0000136, a “slight bounce” could still happen — especially if Bitcoin stops... hesitating.
🤔 In other words: SHIB is not dead, just… not awake yet.