SHIB is still looking a bit pressured after that recent break below key support, and the on-chain activity (64B+ moved in 24h) shows there’s still a lot of positioning going on.

Exchange inflows rising + weak structure on the chart doesn’t feel super bullish in the short term, but RSI getting closer to oversold could set up a bounce attempt if momentum shifts.

Watching how $SHIB reacts around the $0.000011 zone, while broader market direction from $BTC will likely play a role too.

Keeping this on my radar and tracking price action on BingX for any clean reversal signals.

#SHIB #BTC #Crypto #Altcoins #BingX

$SHIB $BTC