5 months ago
Shiba Inu Exchange Reserves Plunge to 12-Month Low as Golden Crossover Signals Rally
Shiba Inu's exchange reserves have hit a 12-month low, dropping to approximately 83.8 trillion tokens, valued at about $1.14 billion. This decrease suggests that more people are holding SHIB in private wallets, potentially reducing selling pressure. A "golden crossover" pattern has also emerged at the $0.00001358 price level, mirroring a pattern from May 2025 that preceded a significant price increase. If SHIB breaks through resistance near $0.00001421, it could potentially surge by 33-38% towards $0.00001867. Key support levels to watch are at $0.00001320 and $0.00001150.
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