Whale Activity Raises Questions About Shiba Inu’s (SHIB) Price Stability Amid Recent Inflows
Main Idea
Shiba Inu (SHIB) has experienced significant whale activity and price volatility, with key support and resistance levels identified as critical for future price movements.
Key Points
1. Over 750 billion SHIB tokens were transferred by whales, indicating potential market shifts.
2. SHIB's price fell significantly by August 4, highlighting market volatility.
3. Current support levels are at $0.0000129 and $0.00001107, while resistance is at $0.0000135.
4. Whale activity, including the transfer of 425 billion SHIB tokens, influenced price drops.
5. Tracking SHIB's price movements is possible through platforms providing real-time data.
Description
Shiba Inu (SHIB) recently experienced significant whale activity, with over 750 billion tokens transferred, indicating potential market shifts. However, this surge was followed by a sharp price decline, raising concerns
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