Shiba Inu has been unable to catch itself from its falls, and trillions of SHIB tokens are now stuck in loss.has been disappointing over the last few weeks, with its value drifting further away from the previously established support levels.
The long moving average , which had served as a support level for months, has now turned into a resistance level due to the ongoing downward trend. Currently, over 696,000 addresses, representing almost 52% of all holders, are ‘in the money.’ This meant they purchased SHIB at a price lower than the current market price.
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