Shiba Inu sees 552B token outflow, weakening 100 EMA resistance hints at possible breakout.

Shiba Inu (SHIB) is showing signs of recovery after a long decline, with a significant outflow of 552 billion tokens from exchanges reducing sell pressure. The 100-day EMA resistance, which had been a strong barrier, is weakening as the price tests it repeatedly. This creates potential for a breakout supported by lower exchange inflows and decreased selling activity. Traders should watch for increased volatility as the price approaches key resistance levels, with a breakout potentially leading to a market recovery or continued consolidation if it fails.