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CoinOtag 2024-07-12 18:55:04

Shiba Inu Sees Surge in Buyers, But Faces Strong EMA Resistance at $0.00001606

Shiba Inu’s on-chain data has recently witnessed a substantial uptick in the number of buyers. Nevertheless, an increase in bids does not automatically translate into price appreciation but rather reflects a brief surge in buying power. Notably, SHIB is trading at $0.00001606 on the daily chart, though it continues to face significant resistance levels. Explore

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