Shiba Inu (SHIB), a dog-themed cryptocurrency, has experienced a modest increase in large transaction volume, indicating some activity among large holders. However, the increase is not significant compared to recent trends. SHIB's price has risen slightly by 1.89% in the past 24 hours, reflecting limited market momentum. The rise in large transaction volumes, which usually indicate whale activity, suggests cautious reengagement by large holders. Shiba Inu dipped earlier in the week due to the fall of Bitcoin, but it has since rebounded. If the rebound continues, SHIB's price could potentially reach new highs. However, it faces significant resistance at various price levels. The important support to watch for is the 50-day SMA at $0.00002087. If it breaks below this level, further declines may occur.



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