Shiba Inu (SHIB) has fallen again, will it add another zero?💥

Shiba Inu (SHIB) is currently priced at $0.00001575 and continues to trend downwards. Despite multiple attempts to break through significant resistance levels, SHIB has still been unable to reverse the trend, forming increasingly lower highs, indicating that the bearish trend will continue. The 200-day, 100-day, and 50-day EMAs are all above the current price, reinforcing the downward pressure.

The rebound of SHIB is gradually weakening, and the risk of dropping below $0.00001500 and adding a zero is increasing. The next support level is at $0.00001400, and if broken, it may face a test at $0.00001300.

If it cannot break the downward trend, SHIB may remain bearish. Investors should be cautious and closely monitor the support level at $0.00001500. There is currently a lack of strong buying power, and bearish pressure remains, making the possibility of a rebound in the short term relatively low.