🚀 Shiba Inu Faces Challenges Despite Entering Demand Zone
#ShibaInu #SHIB #DemandZone #TokenBurn #BullishPatterns #LargeHolders #EcosystemMetrics #ResistanceLevels #CryptoChallenges #SupplySideScarcity
Shiba Inu (SHIB) has entered its annual demand zone, a price area historically linked to substantial rallies, such as a 296% increase in 2024. According to NS3.AI, token burn activity has intensified significantly, with one transaction removing over 28 million tokens, thereby increasing supply-side scarcity. Despite the presence of bullish technical patterns and accumulation by large holders, concerns persist due to declining ecosystem usage metrics. These factors raise doubts about SHIB's potential to overcome key resistance levels.#ShibaInu #SHIB #DemandZone #TokenBurn #BullishPatterns #LargeHolders #EcosystemMetrics #ResistanceLevels #CryptoChallenges #SupplySideScarcity