Will Whale Activity Push Shiba Inu to a 37% Breakout?

Shiba Inu faces strong resistance at $0.00001190 despite 79% surge in trading volume Token burn stalls with 100% drop, but 4.7T SHIB remain locked in staking SHIB futures open interest dips 2.93%, with Binance holding dominant share Shiba Inu (SHIB) has recently shown intriguing price behavior that has caught the attention of traders and crypto enthusiasts. Despite a minor daily dip of 0.40%, investor interest remains elevated. The spotlight now turns to a potential breakout fueled by heightened trading activity and large wallet movements. A recent spike pushed SHIB to $0.00001190 , only to face immediate rejection. This pattern, combined with whale accumulation and sudden volume surges, has raised speculation about a possible 37% rally. Still, several hurdles must be cleared before bulls can truly take charge. Trading Volume Surges, But Resistance Remains Strong The recent 79% spike in trading volume reflects renewed enthusiasm in SHIB. Such a rise often precedes large price movements. However, the current price action shows a struggle to break beyond $0.00001190. This level marks the high of the recent rally and remains a solid resistance poin… The post Will Whale Activity Push Shiba Inu to a 37% Breakout? appeared first on Coin Edition .

Source: Coin Edition