Key Insights:
- Shiba Inu price remains range-bound as volume and open interest decline.
- Whales accumulated over 2 trillion SHIB while exchange reserves hit lows.
- A short-term golden cross formed, but higher timeframe resistance remains key.
Shiba Inu price remains under pressure even as on-chain activity points to quiet accumulation. SHIB is trading around $0.000005826, having lost momentum, whereas larger-cap coins have shown a more impressive recovery