Shiba Inu Approaches Critical 82T SHIB Level as Exchange Reserves Surge
- Reserve Growth Trend: Shiba Inu's exchange reserves are steadily rising, approaching the historic pressure zone of 82 trillion SHIB, a level that typically aligns with sustained selling pressure, potentially prompting defensive positioning from market participants.
- Market Dynamics Shift: SHIB deposits to exchanges continue to outpace withdrawals, indicating that market participants may be preparing for selling or risk management, thereby increasing liquidity and reflecting a trend more aligned with distribution than accumulation.
- Price Behavior Analysis: Despite a recent rebound, SHIB remains below key long-term moving averages, and as it approaches historical resistance zones, selling pressure typically intensifies, which could lead to price pullbacks.
- Risk Warning: Should exchange reserves decisively surpass 82 trillion SHIB and remain elevated, the market may face gradual declines or sharp pullbacks, as the current supply-demand dynamics suppress sustained upside momentum.
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Technical Analysis for EPT
Technical Sentiment Analysis for Balance (EPT) As of , Balance (EPT) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for EPT stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, EPT is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Balance (EPT) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | -0.00157 | -0.000504 | 0.000151 | 0.00122 | 0.00188 | 0.00294 | 0.0036 |
| Fibonacci | -0.000504 | 0.000154 | 0.000561 | 0.00122 | 0.00188 | 0.00229 | 0.00294 |
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