551,000,000,000,000 Shiba Inu (SHIB) Level: What to Expect?
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Shiba Inu (SHIB) is encountering a significant resistance level at $0.000013, where 551 trillion tokens are held at a loss across 166,400 addresses. This concentration could trigger substantial selling pressure, potentially causing a price retracement if buyers cannot overcome the resistance.
March 21, 2025 | 1:30 pm
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On-chain data reveals a critical resistance zone that could limit SHIB's upward momentum, with potential price movement between $0.000012 and $0.000016.
The high concentration of tokens at a loss creates a significant psychological barrier. If SHIB cannot break above $0.000013, sellers are likely to exert pressure, potentially causing a price retracement.
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IMPORTANCE 85
RELEVANCE 100