Shiba Inu nearly reach 81T for exchange reserves as inflows dey rise — recovery dey face wahala
Shiba Inu (SHIB) dey trade around $0.0000058 as exchange-hold reserves near about 81 trillion tokens amid renewed inflows to centralized exchanges. After long downtrend wey produce lower highs and multi-month lows, price dey show early consolidation but still under key technical resistance levels, including the 26-day and 50-day exponential moving averages. On-chain signals mixed: previous big outflows show accumulation and reduced sell-side liquidity, but the latest exchange inflows dey increase short-term selling capacity and fit raise volatility if large transfers turn to sell orders. Compressed resistance around current price mean say any meaningful recovery go need much higher buying volume to break the bearish structure. For traders, watch exchange reserves and netflows, short-liquidation events, and whether buyers fit reclaim nearby resistance and moving averages; clear break above or below the ~81T reserve threshold fit catalyze sharp SHIB moves.
Bearish
Net inflows go enter centralized exchanges dey push SHIB reserves near ~81 trillion, dey increase short-term selling capacity and normally dey put downward pressure on price. Even though earlier outflows show say people dey accumulate, the renewed inflows and compressed resistance around the current levels dey make sustained recoveries hard without significant buying volume. Price still dey below key technical levels (26-day and 50-day EMAs) and don dey form lower highs, wey indicate the prevailing bearish structure. For the short term, expect higher volatility and downside risk if the inflows turn to sell orders or trigger liquidations; a decisive break above the moving averages and local resistance go need to change the bias. For the longer term, sustained declines in exchange reserves or continued on-chain accumulation go be needed to support a durable bullish reversal.