🐕 Shiba Inu ( $SHIB ): The Meme That Won't Quit

Market Capitalization: $15 billion.

Shiba Inu has long outgrown its status as a simple meme coin.
It's an entire ecosystem with staking, NFT integration, and DeFi initiatives.

🟡 An active community continues to support the project, making SHIB one of the most recognizable tokens in the crypto space.

What's happening now❔

🗣As of early December, SHIB was showing short-term stability in the $0.0000076–$0.0000083 range, posting weekly growth of around 7.5%. However, the coin is still deep in the red year-to-date, keeping investors cautious.

🗣Interesting development: heightened whale activity has been detected recently large holders have started actively moving tokens.

🗣Exchanges recorded a net inflow of over 1 trillion SHIB, which could signal incoming volatility.

🗣The Money Flow Index shows capital inflow, but overall sentiment among long-term holders remains cautious.

What's next❔

💬 SHIB is at an interesting technical crossroads. The coin is forming an ascending channel while simultaneously approaching the apex of a descending triangle.

🟡 If buyers can hold current levels and break through resistance, we could see movement toward $0.0000093, and potentially to the psychologically important $0.000010 mark.

💬 However, bears still control the situation. A breakdown of support around $0.0000075 could trigger further decline.

Trading Guidelines:📈 📉

📈 Growth above $0.00864 path to $0.0093 and further to $0.0010.
📉 Drop below $0.0081 risk of decline to $0.0077.

Conclusion:
SHIB shows signs of life after a prolonged decline, but a serious reversal requires strong momentum. Watch whale activity and trading volumes.

📈 Open trade with $SHIB ‌🔗 Chat • X • HRUMfamily