178B SHIB Moved Back to Exchanges Monday as Reserves Rise Above 80T
About 178 billion SHIB flowed back to exchanges on Monday, pushing exchange reserves back above 80 trillion SHIB and interrupting the token's latest recovery attempt. SHIB also broke down from a rising-wedge pattern and remains below its 50-, 100- and 200-day moving averages, with RSI drifting toward the mid-30s. The $0.0000053 area is highlighted as the nearest key support, where a decisive break could add downside pressure.