Shiba Inu (SHIB) is trapped at the apex of a large symmetrical triangle on the daily chart, with price compression reaching its limit. Approximately 94.68% of the circulating supply is controlled by 808 large holder addresses, representing just 0.05% of all investors, while the million-strong retail army holds only 0.04% of the tokens. Resistance stands at $0.00000540 and support at $0.00000500. The RSI is neutral at 54.54. With a market cap of $5.19 billion and such extreme concentration, the next directional impulse will be driven by the trading decisions of a few hundred major players.
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