Markets· ★★· neutral·

277 Billion SHIB Flows to Exchanges, but Selling Is Not Confirmed

  • —Roughly 277 billion SHIB moved onto exchanges
  • —SHIB trades near $0.0000057 after rebounding from $0.0000044–0.0000045
  • —Key support sits at the long-term average near $0.0000056
  • —RSI is neutral-to-moderately bullish, not overheated
Why it matters: Exchange inflows signal potential, not confirmed, selling: a break below $0.0000056 opens $0.0000054, while holding keeps $0.0000062 in play.
#SHIB
Source: U.Today
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