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, a new rally could begin, 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.