I noticed an interesting movement with Shiba Inu — the coin just broke through a long-standing resistance line that had been pressing on it for over a month. SHIB closed above this level for the first time in a long while, which looks like a serious signal. The price rose above the 50-day moving average, and if the momentum continues, the next level is around 0.00000673.



What’s interesting is that this is confirmed by blockchain data. Over the past 24 hours, 133 billion SHIB tokens have left exchanges. This doesn’t look like preparation for a sell-off; rather, holders are transferring coins into self-custody. Plus, trading volume has jumped by 41%, indicating genuine interest rather than just a small price spike.

Long-term charts are also intriguing. Analysts believe we are in an accumulation phase after a long correction period. If the support level holds, Shiba Inu could move much higher — targets are discussed in the range of 0.00014 to 0.00039 in later stages.

The main risk now is if the price falls back below the broken level and the 50-day moving average, the momentum could weaken. But if buyers maintain control, the market might attempt to break through the next resistance. It currently looks like a classic bullish scenario, but volume needs to be watched closely.
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