Crypto Voice News | Shiba Inu About to Break the 1.3 Trillion SHIB Resistance

Shiba Inu About to Break the 1.3 Trillion SHIB Resistance,
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As the cryptocurrency market finally finds a basis for momentum growth, Shiba Inu stands out as it is on the verge of breaking a key resistance level that has long been a battleground for buyers and sellers.

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SHIB is currently on the verge of exiting the profitability cluster, which is in the $0.000009 to $0.00001 price range. This region is important as it houses over 1.3 trillion SHIB, a significant amount representing potential selling pressure.
Profitability set is a critical concept in crypto asset analysis. It represents a price range in which a large amount of tokens have previously been purchased. As the price approaches this range, investors buying at these levels may look to sell in an attempt to break even or make a profit, resulting in increased selling pressure. For SHIB, crossing this point is not only a technical turning point but also a psychological turning point because it can relieve the general pressure created by sellers looking to exit their positions.
SHIB's progress is being closely monitored, and the decreasing number of tokens in the profitability stack provides an important insight. This shows that the selling pressure is gradually decreasing, making it easier for the Shiba Inu to move forward. If the trend continues, SHIB's path forward looks increasingly optimistic, allowing the asset to potentially recover without the danger of a serious sell-off. A solid break above the $0.00001 level could confirm the bullish sentiment surrounding the asset and potentially trigger a new wave of interest and investment.
This level is not only a technical resistance but also a psychological resistance. Overcoming this could confirm the change in the market's perception of SHIB, marking the beginning of a new chapter for the meme coin.
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Disclaimer, The information provided in this video is not investment advice.
financial advice is not trading advice, it is for informational purposes only,
You should not consider any of the video content as investment advice.
Please seek advice from your financial advisor before making any investment decisions.

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