The recent rally of Shiba Inu (SHIB) has brought optimism, with the meme coin recording a 65% rise this month. However, it has faced resistance in continuing its climb. Despite this, the return of long-term holders (LTHs) to profitability could stabilize SHIB and support future price rallies. Shiba Inu's transaction volume has been dominated by loss-bearing trades, but as prices stabilize, bullish trends may emerge. Currently trading at $0.00002503, SHIB is targeting a breach of $0.00002976, but losing support at $0.00002267 could lead to a downturn and decline in investor sentiment.



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