-64,897,407,358 Shiba Inu (SHIB) in 24 Hours Confirms Bullish Outlook: Details

Shiba Inu recently recorded an amazing -64.89 billion The net flow SHIB in the last 24 hours. Despite the initial appearance of that figure, the metric actually supports a bullish reading rather than a bearish one. At this scale, net flow indicates that tokens are exiting exchanges rather than joining. Supply typically moves to cold storage, staking or a long-term hold when it leaves the exchanges. To put it another way, people are preparing to hold instead of selling.

SHIB’s market image is bleak

When you combine that with the current card structure of SHIBThe picture becomes more intriguing than the price alone indicates. The 50-day, 100-day and 200-day moving averages are still stacked above the price and tilted, so SHIB is technically still trapped below several descending moving averages. There is no denying that, structurally, it is a downward trend.

However, since the beginning of November, the price behavior has changed significantly. Rather than moving further into the $0.000008 range, SHIB stabilizes between $0.0000090 and $0.0000095, and bounces back and forth from that area. Vendors have tried this support many times, but have not been able to break it clean each time.

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The RSI, which is between 38 and 40, indicates that the momentum is weak but not giving up. The next leg is usually inevitable when a token is in a confirmed downtrend and exchange flows pick up speed. However, SHIB shows the opposite: flows are increasing while flows are collapsing. Instead of continuing, this divergence often indicates accumulation and exhaustion.

Shiba Inu volumes are stable

It is also supported by the volume. There is no liquidation-driven flow, no panic spike or burst selling. Rather, the market moves lower on declining momentum, which is the situation that usually precedes a reversal attempt.

The asset still needs to regain the band of $0.0000100-$0.0000105 to break the trend structure, so it will not instantly make SHIB bullish. However, the underlying flow data indicates that the downside pressure is decreasing rapidly. The strongest evidence that whales and mid-caps are choosing the long-term conviction over the short-term trade is the net outflow of 64.8 billion.

Circumstances for a recovery rally are quietly gathering if SHIB maintains its current support band and flows are low.