$SHIB
🚨SHIBA INU (SHIB) CONTINUES DECLINE, EYES KEY SUPPORT🚨
Concerns are rising as SHIB drops further below its key technical markers. The coin recently slipped past $0.00001500 and is now trading around $0.00001285. It sits beneath the 20, 50, and 100-day moving averages, with a death cross forming between the 50 and 200-day lines, signaling more downside.
If SHIB cannot hold above $0.00001200, the next likely stop could be around $0.00000850. Volume data suggests that dipping under $0.00000950 could result in a sharp drop, potentially triggering auto-sell activity. While its large market cap and exchange presence provide some stability, risks in the short term remain high. The Shiba Inu (SHIB) drop may not be done, and buyers are yet to regain control.
