SHIB Momentum Fades as Rising Exchange Supply Raises Profit-taking Concerns

SHIB momentum fades as rising exchange supply increases profit-taking concerns among holders. Recent token burns continue, but weaker demand limits SHIB’s recovery potential. Key support sits at $0.00000521, while $0.00000602 remains crucial resistance. Shiba Inu has started losing steam after two strong monthly gains and is now trading above the $0.00000500 mark. Rising exchange deposits could signal growing profit-taking among holde…