According to on-chain data, 522 billion SHIB tokens left exchanges over the past 24 hours, marking a dramatic reversal from the accumulation trend observed earlier this week. Shiba Inu failed to break through the crucial resistance area around $0.00000500 and fell back toward the $0.00000460 area. The token remains below the 50, 100, and 200-day moving averages, maintaining an extremely bearish overall trend. Immediate support stands at $0.00000445, and if that level is lost, recent local lows around $0.00000410 would be exposed. The recovery attempt now appears stalled without a renewed buying conviction.
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