Oh, dear reader! You’ve stumbled upon a tale of woe, a saga of financial despair that rivals the darkest pages of Russian literature. Gather ’round, for we speak of Shiba Inu, a token once hailed as a beacon of hope, now teetering on the brink of a quadrillion-token abyss. ๐ฑ
Behold, the numbers paint a grim picture: Over 836.84 trillion SHIB tokens, a staggering 85% of the total supply, languish in the red, their holders trapped in a web of losses. At this very moment, the price hovers at a mere $0.000013, a shadow of its former glory. ๐คฏ
Alas, the charts confirm our worst fears. SHIB, having flirted briefly with the breakout line, recoiled like a frightened child, retreating beneath the critical support level. Now, it wallows below the 26th, 50th, 100th, and 200th exponential moving averages, a sign of the bear’s relentless grip. ๐ฉ
With a mere 11.63% of the supply in profit, the low in-the-money ratio adds insult to injury. It whispers of a vast sea of holders, drowning in their losses. Panic lurks around every corner, ready to pounce if SHIB dares dip below the $0.0000125 support level. Should this occur, a plunge towards the $0.000010 abyss awaits, dragging countless SHIB into the depths of despair. ๐ฃ
Yet, amidst the gloom, a glimmer of hope flickers. A powerful bullish reversal, backed by volume, could save SHIB from its fate. But alas, such salvation remains elusive. Without it, the specter of a quadrillion-token loss looms, threatening to crush SHIB’s recovery dreams beneath its heavy foot. ๐ก
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2025-03-30 15:34