Peter Smith
Something big is happening with Shiba Inu right now. The network just processed 1.66 trillion SHIB in a single day – that's absolutely massive and usually means the price is about to make a serious move.
Looking at the past week, we're seeing some wild swings in activity. The quietest day had around 700 billion SHIB moving around, but the busiest day hit 3.54 trillion SHIB. That's a huge difference and shows whales are getting active, which always gets people's attention.
When volumes consistently stay above the trillion mark, it typically means the calm period is over and we're about to see some real price action. SHIB has been pretty quiet lately, but this volume surge suggests that's about to change.
Shiba Inu (SHIB) Price Setup Looking Interesting
Right now, SHIB is trading around $0.0000118 and trying to get back above a key level it's been struggling with for weeks. The token has been stuck in a tight range between $0.0000110 and $0.0000120 since mid-June, but high volume during these quiet periods often leads to big breakouts.
The technical indicators are starting to look more bullish too. The RSI just hit 49, which shows momentum is building without being overdone. When you combine slowly rising momentum with increasing volume, it's usually a recipe for volatility.
SHIB is still facing some resistance around $0.0000125-$0.0000130, but if it can break through that level, we could see it push toward $0.0000145 or higher pretty quickly.
SHIB (Shiba Inu) Could Explode in Either Direction
Here's the thing – this volume surge could go either way. If buyers step up, SHIB might finally break out of its current range and head significantly higher. But it's also possible that big holders are preparing to sell, which could push the price down instead.
What's clear is that the combination of tight price action and massive volume increase means volatility is coming. SHIB has been consolidating for weeks now, and that kind of setup rarely lasts much longer when trading activity spikes like this.
Anyone holding SHIB or thinking about trading it should pay close attention over the next few days. The quiet period is probably ending, and when SHIB moves, it tends to move fast.
Peter Smith
