SHIB Price Gains 3% But Weak Network Activity Signals Limited Upside
-
Shiba Inu (SHIB) price has gained 3% this week but network activity remains weak, indicating early profit-taking is likely.
-
High SHIB exchange supply suggests investors are ready to exit, despite the market's bullishness.
-
Declining daily transaction count shows network demand is still low, even as price rose 3%.
-
$0.000008 is a key resistance where many buyers may take profits if reached.
-
Unless network activity picks up, SHIB price upside appears limited and could see a bearish reversal.