SHIB/USDT — Burn & Exchange Reserves Hit Record Low

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SHIB/USDT — Burn & Exchange Reserves Hit Record LowSHIBA INU / TetherKUCOIN:SHIBUSDTJohn_IsigeShiba Inu burned 8.8M SHIB last week, while exchange reserves fell to their lowest since 2023. This suggests accumulation, reducing sell pressure. Price is testing support at 0.00001168. Key Levels •Resistance: 0.00001269, 0.00001278 (100MA), 0.00001295 (200MA) •Support: 0.00001168, 0.00001129 Indicators MACD still negative but shows narrowing gap → seller pressure weakening. Trading Scenarios 📈 Long above 0.00001269 → 0.00001295 (SL: 0.00001150) 📉 Short below 0.00001168 → 0.00001129 (SL: 0.00001220) ⸻