#ShibaInuCommunity (Shib) to another zero? Bitcoin (BTC) Signals New ATH Resversal now, Ethereum (ETH) Trapped š
With the memeĀ coinĀ chart screaming red as it breaks below important support levels, Shiba Inu is on the verge of adding another dreaded zero to its price. SHIB is now trading at $0.0000133, down about 4% for the day, and that is not even the worst part. A technical line that has been the last vestige of support for SHIB in recent months, the 50Ā EMAĀ has clearly broken below, and this is the most concerning indication.
In the $0.0000120-$0.000009 range, SHIB may easily test the early 2025 lows if this breach becomes a sustained move. Retail traders who had been hoping for a recovery will suffer a psychological blow at that point, as it would add another zero to its price. With sellingĀ volumeĀ increasing and theĀ RSIĀ drifting lower, the volume profile is similarly dismal, indicating that momentum is currently on the side of the bears.
