<ul><li>Shiba Inu (SHIB) has seen a surge in whale activity, with large transactions totaling 2.79 trillion SHIB worth $76.48 million.</li><li>Despite the increase in whale activity, SHIB's transaction volumes have declined, hinting at caution among retail investors.</li><li>The price of SHIB has found support above its 50-day moving average, but faces resistance at $0.000012. The next key level for SHIB is $0.0000283.</li><li>The market for SHIB is currently in a consolidation phase, with the 1-day RSI indicating a neutral state and the MACD line suggesting short-term selling pressure.</li></ul>

Shiba Inu Whales Moving Trillions Of SHIB — Will $0.0003 Price Be The Next Stop?

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