Shiba Inu ( $SHIB ) is falling hard. 📉

The price is now around $0.0000089, its lowest level since January 2024.

It’s trading below the 50, 100, and 200-day moving averages, showing that sellers are in full control.

The RSI is near 32, signaling weak momentum with no signs of a bullish reversal yet.

Key support sits between $0.0000075–$0.0000080, a drop below that could push SHIB$SHIB down toward $0.0000065.

With liquidity moving to $BTC and $ETH and Shibarium activity slowing down, SHIB’s trend stays bearish unless buying volume returns.