SHIB waking up with substantial three trillion whale transactions surge
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Resistance is currently present for SHIB around the $0.00001800 level. If whale activity continues, it will be important to see if a larger market rally will occur at this price. If this level is broken above, it will be an indication that there is sufficient buying pressure to driveAn important breakout zone is represented by the next critical level of $0.00002000. It would indicate the beginning of a more significant rally if SHIB could break through this level.
A crucial support is found at $0.00001500 on the down side. Sustaining the current uptrend would depend on SHIB holding this level if it fails to break through the resistance and starts to retrace. In conclusion, with over three trillion tokens moved in a single day, the recent whale activity on Shiba Inu suggests that significant holders are starting to reawaken. If the buying pressure persists, this could act as a basis for a more significant price retracement.
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