📉 Shiba Inu Faces Bearish Pressure
🔻 Struggling Price: SHIB's momentum is fading, leading to a potential bearish signal.
⚠️ Death Cross Formation: The 50 EMA is about to cross below the 200 EMA, a strong bearish indicator.
📉 Current Price Levels:
SHIB is trading below both the 50 EMA ($0.0000204) and 100 EMA ($0.0000211).
The 200 EMA ($0.0000181) is a critical level—if broken, further decline may follow.
🚨 Massive Drop: SHIB is currently at $0.000015, down 50% from its December highs ($0.000035).
📊 Market Structure & Key Levels
🔴 Lower Highs & Lows: A classic sign of bearish dominance in the market.
🔄 Temporary Rebound: A slight bounce occurred at $0.000015, but buying pressure remains weak.
🔽 Potential Downside Targets:
If SHIB fails to hold $0.000015, it could drop to $0.000012 or even $0.000010.
The 200 EMA remains a crucial support level to watch.
