Shiba Inu's Price Outlook and Whale Activity Amid Market Uncertainty

1 min read
Source: AMBCrypto
Shiba Inu's Price Outlook and Whale Activity Amid Market Uncertainty
Photo: AMBCrypto
TL;DR Summary

Despite a recent 7.5% drop and a potential 18% decline if support levels are broken, whales are actively buying the dip in Shiba Inu, indicating they may know something about future gains. Retail investors are exiting, while whale transactions surge, suggesting a possible upcoming reversal if key support holds. Technical analysis shows a downtrend with increased short positions, but a rebound is possible if SHIB sustains above critical support levels.

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