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Kelvin Murithi

Shiba Inu (SHIB) clears descending trendline resistance, eyes $0.000065 next

Shiba Inu (SHIB) has moved above a descending trendline resistance after weeks of consolidation, signaling a potential shift in market structure. A pullback to retest the $0.000055 area could occur before any continuation, with $0.000065 highlighted as the next key level if buyers hold. Over the past 48 hours, SHIB saw 800 billion SHIB in net inflows (about $4.8 million at press time), suggesting increased exchange activity.