Saad Ullah
Shiba Inu (SHIB) just witnessed a crazy 1,054% surge in network activity, with whales making big moves that could signal major price action ahead.
SHIB Network Goes Wild with 1,054% Activity Boom
Something big is happening with Shiba Inu right now. The network just saw a massive 1,054% jump in activity - and that's not normal at all. This wild surge is mostly coming from whale wallets making huge transactions over the past 90 days. These big players are either buying up SHIB like crazy or moving their positions around for some reason.
When you see this kind of sudden whale movement, it usually means something's about to happen with the price. We've seen this pattern before - sometimes it kicks off a major rally, other times it marks a local top. The thing is, whales don't move this much money without a good reason.
SHIB Price Breaks Key Level, Eyes $0.000015
SHIB has already smashed through the $0.0000145 zone and is now pushing toward $0.000015. This level used to be a tough ceiling, but now it's become a real battleground. Bulls are trying hard to break above the 200 EMA, which has been the main roadblock.
The price action is getting pretty heated too. Trading volume has shot up, and the RSI is sitting well above 70, which screams "overbought." This usually means the buying frenzy is hitting its peak and might need to cool down soon. But don't mistake this for an immediate reversal - sometimes overbought markets can stay that way longer than expected.
What's Next for SHIB Price?
If SHIB manages to hold above $0.000015 and finds its footing there, we could see it push toward $0.000017-$0.000018. That's where previous rallies have stalled out before pulling back.
But here's the catch - if these whale moves turn out to be sneaky selling instead of buying, SHIB could easily drop back to $0.000013-$0.0000125. That would be a pretty nasty fall from current levels.
The bottom line? This 1,054% network activity spike is basically screaming that something major is about to happen. Whether SHIB breaks higher or falls into a trap depends on how it handles this critical resistance level it's testing right now. The next few days should tell us everything we need to know.
Saad Ullah
