SHIB is back at a critical support level near $0.000012, prompting debate about whether the zone will hold or become a bearish trap. The cryptocurrency’s recent rise coincides with rising exchange reserves, suggesting increased selling pressure from token holders. Long traders have incurred significant losses in anticipation of potential sell-offs, while their counterparts are cautiously observing the market dynamics. The RSI, currently hovering around 45, is edging into bearish territory, indicating a shift in momentum. A decisive break above the $0.000012 level could signal a shift toward bullish momentum, but this will require sustained buying activity to overcome existing selling pressure.