Shiba Inu surged 37% in two days, pushing the token past the $0.00000586 resistance level before retreating toward the $0.00000427 support zone. Whale activity hit its highest level since late March, suggesting massive profit-taking at the exact moment retail interest peaked. Open Interest on futures contracts dropped 21.09% to approximately $43 million, indicating a rapid reduction of leveraged positions. Exchange reserves fell 9.29% to $404 million, signaling tighter supply available for sale. The RSI settled at 55.68 while the Parabolic SAR remains bullish, maintaining an overall positive structure despite the pullback.
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