Tag Archives: technical

The post Shiba Inu Prepares for Major 200% Move to Test Resistance appeared com. Key Insights: Shiba Inu shows signs of a breakout, with analysts predicting a 200% move toward the $0. 000032 resistance zone. Whale sell-offs and exchange inflows reveal mixed sentiment as traders watch for a confirmed recovery trend. Technical data suggest HIB may rebound if it sustains support near $0. 000010 and breaks key resistance levels. Shiba Inu Prepares for Major 200% Move to Test Resistance at $0. 000032 Shiba Inu is showing early signs of a major technical shift as market activity points to renewed bullish sentiment. Despite recent volatility, the meme coin may be setting up for a breakout move toward the $0. 000032 zone, according to traders tracking price formations. Shiba Inu Growing Optimism Amid Accumulation Breakout Crypto market analyst Javon Marks shared on social media that Shiba Inu appears to have broken out of a key accumulation phase. He suggested that the pattern could prepare the token for an estimated 200 percent move toward the $0. 000032 resistance level. This projection comes as HIB continues to rebound after a series of sharp declines earlier in the year. 000010 mark after a 12% daily gain, sparking fresh optimism among traders. However, the move has also attracted caution as large holders began shifting their tokens to exchanges. Rising exchange reserves usually indicate a watchful stance from whales who might be preparing for either a rally or price correction. Whale Activity and Market Sentiment Data from on-chain analytics firm Nansen shows that major holders have been reducing their positions in recent sessions. The increase in exchange supply often signals hesitation, as traders assess whether the current levels can hold as new support. Shiba Inu’s price recently hovered near $0. 0000099, only slightly above its one-month low of $0. 0000092. Crypto analysts note that SHIB’s next move depends. Continue reading Shiba Inu Prepares for Major 200% Move to Test Resistance→