Shiba Inu Faces Crucial Resistance Point with Over 537 Trillion SHIB Locked In

Shiba Inu (SHIB) is approaching a significant resistance point, as the token nears $0.0000140 after a recent surge of 4%. Over 141,000 addresses now hold more than 537 trillion SHIB tokens at current prices, suggesting a substantial cluster of long-term holders. These investors, who purchased SHIB at higher prices, are currently holding out for a price increase and may contribute to further selling pressure if the token fails to surpass this critical resistance level.