🐶 Shiba Inu Metrics Hint at Bullish Potential 📈
Recent data suggests
$SHIB could be gearing up for another move. Key highlights:
🔹 Binance SHIB reserves surged from ~400B → 1T tokens, making it the largest SHIB holder. Big inflows usually signal profit-taking, but they also show accumulation and liquidity positioning.
🔹 Exchange netflows: September has been dominated by inflows, with the 14-day MA positive — steady buying pressure.
🔹 Santiment metrics: Rising Mean Coin Age & low dormant circulation → indicates steady accumulation and fewer tokens in circulation.
🔹 Technicals: CMF & A/D volume suggest strong buying; Awesome Oscillator shows slight momentum weakness.
Price-wise, SHIB hit $0.00001429 before retreating ~7.5%, testing mid-range support at $0.00001327. This zone has held since February — a key level for traders.
Social sentiment remains muted, which could mean buying before hype returns. 🚀
Macro note: BTC moves matter — a BTC rally past $117.5K could give SHIB an extra push.
TL;DR: Metrics show accumulation, solid buying pressure, and crucial support holding. If $0.000013 demand zone defends, SHIB could see a bullish swing.
📊 WhiteBIT Chart: SHIB/USDT (1D)