Shiba Inu Hits Rock Bottom: Price Reversal Or Capitulation?

Shiba Inu’s (SHIB) latest price movement is heavily entangled with the broader market downturn & geopolitical uncertainty. Being one of the most mainstream meme coins, Shiba Inu’s social sentiment could play a pivotal part in a potential reversal - yet the technical price setup isn’t as optimistic. Shiba Inu’s Price Put Under Bear Pressure Ali Martinez, a prominent technical analyst, has drawn a conclusion on where the make-or-break line is, based on Shiba Inu’s weekly price charts. According to him, the near-term direction will highly depend on the $0.0000066721 support-turned-resistance level, while Shiba Inu still trades in a narrow

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