Shiba Inu (SHIB) price action is concerning, with exchange outflows (which can serve as an indicator of accumulation funds) having dropped significantly below the 1 billion token threshold, suggesting weakening buying pressure. The token continues to trade below key moving averages such as the 26-day and 50-day MAs, and combined with declining trading volume, this further reinforces a bearish structure of lower price highs. The dual effect of weak technical indicators and reduced exchange withdrawals suggests the token is more likely to continue downward rather than experience a near-term bounce.

SHIB5.76%

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