Shiba Inu’s token flows to exchanges increased by 1.98% in a single day to approximately 1.10 billion SHIB, with the top 10 inflow transactions totaling about 5.40 billion SHIB. SHIB is currently trading around $0.00000568 after being rejected once again in the $0.0000060 to $0.0000062 resistance zone. The token has returned to its 200-day moving average located between $0.0000056 and $0.0000057, a crucial technical level for what comes next. The RSI has fallen toward the mid-50s after approaching overbought territory during the previous rally. Despite still significant outflows from exchanges, the increase in deposits creates an additional obstacle for a bullish breakout that was only beginning to take shape.
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