SHIB Price Stalls at Critical $0.000015 Resistance Wall
Shiba Inu (SHIB) is facing a massive 533 trillion token resistance at the $0.000015 price level, putting an abrupt halt to its recent rally. On-chain data reveals that whales and retail investors are selling aggressively at this key zone, creating intense downward pressure.
Key Resistance Threatens SHIB’s Recovery
- 533 trillion SHIB tokens are concentrated near $0.000015, forming a strong sell wall.
- SHIB briefly attempted to break the 200-day EMA (a crucial trend indicator) but failed due to heavy selling.
- Over 81% of SHIB holders are currently “out of the money”, meaning they’re holding at a loss—leading to panic selling at breakeven levels.
Why Is SHIB Struggling?
- Whale Selling Pressure – Large holders are offloading SHIB near resistance, suppressing price momentum.
- Retail Investors Exiting – Many bought near $0.000017 and are now rushing to sell as SHIB approaches breakeven.
- Lack of Bullish Catalysts – Without a major surge in buying volume, SHIB could drop further.
What’s Next for SHIB?
- If SHIB breaks 0.000015∗∗,anewrallycouldbegin,targeting∗∗0.000015∗∗,anewrallycouldbegin,targeting∗∗0.000017.
- If resistance holds, SHIB may fall back to $0.000013 or lower, testing previous support levels.
Conclusion: Will SHIB Crash or Break Through?
Shiba Inu’s fate hinges on whether bullish momentum can overpower the 533 trillion token resistance. If selling pressure continues, SHIB could see another dip—but a breakout could trigger a major recovery.