Oh, what a surprise! More Shiba Inu flooding into the exchange-because who doesn’t love a little chaos?
Just when you thought your beloved Shiba Inu couldn’t get more dramatic, about 200 billion SHIB decided to make a grand exit back onto the exchanges. Yes, you read that right-200 billion. I mean, who needs sleep when you can watch the total reserves swell to a staggering 81.65 trillion? Clearly, someone’s throwing a party, and the guest list includes supply meeting demand-sounds fancy, right?

Now, let’s not get ahead of ourselves. This influx is happening just as SHIB is trying to do its impression of a phoenix between $0.0000085 and $0.0000087. Spoiler alert: it’s still below all the fancy EMAs (that’s chartspeak for moving averages, sweetie)-the 50, 100, and 200-each still pointing south like a bad date. That recent little bounce? Just a technical hiccup, not a miracle that invalidates our good old downtrend. Sorry, optimists.
And if you think the RSI’s recovery from way below 30 means everything’s rosy, think again. Momentum isn’t exactly doing cartwheels. Since early October, SHIB has been stubbornly below the channel resistance, which is basically a fancy way of saying “It’s not feeling the love.” So, these reserves? Might just be a cute way of saying, “Hey, I might sell this later.” Fun times ahead.
It’s tempting to think that such a massive transfer onto exchanges is a sign of big holders preparing to cash in-because nothing says ‘profit’ like moving a boatload of coins onto a platform. But nope, not always. Sometimes, they just like to keep us on our toes, or maybe they’re planning a little something behind the scenes.
So, what does this mean? Grab your popcorn.
Scenario 1: The Bummer Ending (probably soon): SHIB might retread to $0.0000080 or even slip further to $0.0000074-welcome to the support support group. It’s a classic “sell now, ask questions later” move if this inflow turns into a wave of selling.
Scenario 2: The Lisa Simpson approach: SHIB could just sit tight between $0.0000082 and $0.0000090, waiting for the market to make up its mind. Think of it as a “wait and see” until Bitcoin decides to wake up or traders realize they’re bored with the current range.
Scenario 3: The unlikely unicorn-bullish breakout: To turn this ship around, SHIB needs to get over $0.0000095, stick above those sweet daily EMA lines, and watch the reserves go down like a bad date leaving the bar.
So, while all this drama unfolds, remember-investing in SHIB is like trying to predict the weather without an umbrella: exciting, unpredictable, and sometimes just plain bonkers. Keep calm and HODL on. 🌪️🚀
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2025-11-27 17:03