A recent TradingView analysis suggests that Shiba Inu (SHIB) may be entering an accumulation phase, with a key long entry zone at approximately $0.0000162. The analysis highlights possible price targets for SHIB after the accumulation phase, with upside targets of up to $0.00004170. On-chain data also indicates a rise in SHIB's long-term holders and a decrease in short-term traders, suggesting increased stability and renewed interest among mid-term investors. Additionally, Shiba Inu recently experienced a significant influx of large holder inflows, accounting for approximately 5.7% of SHIB's circulating supply and marking one of the highest accumulation events in the token's history.



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