$SHIB Inu Faces Potential 28% Drawdown
Bearish head-and-shoulders breakdown suggests SHIB could crash from current levels near ~$0.000012 to about $0.000009—roughly a 28% drop .
Meanwhile, a whale moved 100 billion SHIB to Binance, indicating possible sell pressure .
🔍 Mixed Technical Signals
Whales are exiting, burn rates are slowing, and the Shibarium total value locked (TVL) is trending lower—hinting at up to a 22% further drop .
SHIB has already fallen over 10% in the past week, mirroring broader market weakness .
⚠️ Risk Levels & Watchpoints
A breakdown below $0.000012 opens door to potential $0.0000085–$0.000009 targets .
However, traders should also keep an eye on possible "fakeouts"—momentary recoveries that break bearish patterns but are short-lived .
✅ What You Can Do
Short-term traders: Consider risk exposure around $0.000012, with stop-loss below the $0.000011 range.
Long-term holders or believers in Shiba’s ecosystem (e.g., Shibarium or DAO): A dip toward $0.000009 may present a buying opportunity—but stay cautious.
