Shiba Inu has broken above the $0.00000560 resistance on the daily chart, reaching approximately $0.00000609, but faces growing selling pressure with exchange reserves near $533.2 million. In 24 hours, net inflows to exchange platforms reached approximately 191.1 billion SHIB, a positive flow that increases available supply at the worst possible moment for the memecoin. Trading volume expanded significantly during this breakout, strengthening the bullish structure established since the June bottom at $0.00000410. The next resistance levels sit between $0.00000620 and $0.00000670, while a drop below $0.00000560 would question the validity of the move.
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