Shiba Inu’s Make-or-Break Moment: The Key Levels It Must Crush to Hit $0.000035 Again
Shiba Inu's path back to glory isn't for the faint-hearted—on-chain data reveals the brutal resistance levels standing between SHIB and its former $0.000035 peak.
### The Walls SHIB Must Climb
Forget moon missions—this dog-themed token needs to chew through concrete sell walls first. Liquidity snapshots show massive whale clusters at precise price points, turning every cent into a battleground.
### The Trader's Dilemma
Retail's favorite meme coin now faces its ultimate stress test: either attract serious institutional buying (good luck with that) or watch degenerate gamblers pump it between Netflix binges. The chart doesn't lie—this is crypto's version of running uphill in lead boots.
### The Cynic's Corner
Let's be real—if SHIB actually reclaims $0.000035, Wall Street will suddenly 'discover' the revolutionary potential of dog puns and fractional penny investing. Until then? Enjoy the volatility circus.
Shiba Inu Supply Cluster IntoTheBlock 2Shiba Inu Supply Cluster | IntoTheBlock
Since these wallets bought their tokens between $0.000014 and $0.000019, when the price grows to this range, they are likely to start selling off at breakeven or a mild profit. This would contribute a more substantial selling pressure to the price, considering the massive volume at this price level.
However, if the bulls overcome this $0.000014 to $0.000019 range, they would come face to face with a third cluster which rests between $0.000019 and $0.000024. Notably, at this range, 134,960 wallets procured 175.77 trillion SHIB, making it the second-largest supply cluster.
After this, there is another supply wall lying between $0.000024 and $0.000029, where 185,560 addresses bought 30.95 trillion tokens. Interestingly, shiba inu is likely to face a last roadblock at the range of $0.000029 to $0.000035, which, if overcome, allows the meme coin to reach the $0.000035 region.
