100 Trillion Shiba Inu (SHIB): Key Milestone Finally Reached
2025-07-10 13:00:48
Main Idea
Shiba Inu (SHIB) has reached a key milestone by breaking above the 26-day EMA, with over 100 trillion SHIB now considered profitable, signaling a potential rally.
Key Points
1. SHIB broke above the 26-day EMA, a barrier that had resisted recovery attempts since early June.
2. Over 100 trillion SHIB are now 'profitable,' indicating increased on-chain activity and investor interest.
3. The price is trading above $0.0000125, with bulls defending the $0.0000110-$0.0000112 support zone.
4. The RSI is at 58, still below overbought territory, suggesting room for further upward movement.
5. Key resistance levels ahead include the 100 EMA at $0.0000130 and the $0.0000145 swing high from before the June decline.
Description
Shiba Inu coming closer to important milestones that might open way up to new heights
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