Shiba Inu stabilization shows cracks as 120B SHIB selling wall readies to hit exchanges; volume falls and RSI stays above oversold

After weeks of declines toward $0.000008, SHIB’s selling volume has subsided and buyers are absorbing liquidity. RSI remains in the mid-30s (not oversold) and price is trading within a familiar range, suggesting stabilization/consolidation rather than fresh panic lows. Not an assured reversal — a measured recovery would depend on the broader market avoiding another shock.
AI Analysis
Selling volume has subsided and buyers are absorbing liquidity; RSI is in the mid-30s rather than oversold; price is trading in a historically familiar range, indicating stabilization rather than continued crash. These facts point to mild bullishness but no guaranteed reversal, and the outlook depends on broader market conditions.