Shiba Inu (CRYPTO:SHIB) faces a significant obstacle in its path to new all-time highs, with a massive sell wall of 109 trillion SHIB tokens at $0.000027 blocking its progress.

Despite increased whale activity, the cryptocurrency remains confined within a narrow trading range due to this formidable resistance.

Analysts suggest that breaching this resistance could lead to a significant upward movement, potentially signaling a shift in the market.

However, substantial momentum and buying pressure from both retail investors and whales are required to overcome this obstacle and propel SHIB to higher price levels.