US EditionShiba Inu Faces Bearish Pressure as Massive Transfers and Weak Technicals Drive Price Toward $0.00001050
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Shiba Inu Faces Bearish Pressure as Massive Transfers and Weak Technicals Drive Price Toward $0.00001050
Shiba Inu (SHIB) is facing mounting bearish pressure amid record token transfers and deteriorating technical indicators. On July 31, over 4.87 trillion SHIB tokens were moved in a single day, a sign of aggressive selling activity by large holders. This volume far exceeded the seven-day average of 2.72 trillion tokens and aligns with a breakdown in key technical levels. The price has fallen below the 50 EMA and is nearing critical support at $0.0…
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