Is Shiba Inu (SHIB) Price at Risk After Failure to Break This Key Resistance Level?

07/03 19:55

July 3 (Huobi) - Last week, Shiba Inu (SHIB) failed to break through the critical $0.000008 price resistance level, and on-chain data analysis suggests that a major correction could be imminent. Long-term holders of SHIB appear to be losing confidence, with Mean Coin Age decreasing by 35% between June 17 and July 3, indicating that they may be booking profits and potentially causing the price to drop further.
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