Shiba Inu Sees 643% Surge in Large Holder Netflows Amid Market Momentum Test and Potential Altseason
Main Idea
Shiba Inu has seen a 643% surge in large holder netflows, indicating bullish sentiment as it tests key resistance levels, with potential targets at $0.000016 and $0.00002 if it surpasses the 200-day SMA.
Key Points
1. Shiba Inu's large holder netflows surged by 643%, signaling increased accumulation by whales and bullish market sentiment.
2. The cryptocurrency is currently testing the 200-day Simple Moving Average (SMA) at $0.00001371, a key resistance level.
3. Surpassing the 200-day SMA could propel Shiba Inu toward next targets of $0.000016 and $0.00002.
4. The surge in large holder netflows suggests significant investor interest and potential market momentum.
Description
Shiba Inu has experienced a remarkable 643% increase in large holder netflows, indicating a bullish sentiment among whales as they accumulate the cryptocurrency. Large holder netflows surged by 643%, suggesting
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