$SHIB

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‎Current Price: $0.00001203

‎MA(7): $0.00001196

‎MA(25): $0.00001202

‎MA(99): $0.00001228

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‎The chart indicates a bearish trend, with the price struggling to break above the MA(25) line.

The MA(7) line is also showing a downward slope, suggesting further decline. If you're long on SHIB, consider reducing your position or setting a stop-loss.

For short sellers, this could be an opportunity to enter the market. Keep an eye on the 24h volume and wait for a clear reversal signal before making any moves.

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