SHIB is just one step away from a "death cross," is the abyss ahead?
Shiba Inu (SHIB) technical charts have sounded the alarm, with the 50-day EMA about to fall below the 200-day EMA. Once a death cross occurs, it signifies that a deeper decline may be brewing!
Key support: $0.000016; if lost, SHIB could head straight for $0.00001450 or even $0.00001300.
Line of life and death: Want to reverse the downward trend? The only redemption is a strong breakout above $0.000018 or even $0.000020; otherwise, a downward trend is hard to avoid!
In the past few weeks, every rebound has been ruthlessly crushed, market sentiment is low, and Shiba Inu is standing on the edge of life and death! It's either a bull's desperate counterattack or a complete takeover by bears; SHIB's fate is about to be revealed!
