$SHIB
🚨Shiba Inu at Risk of Breakdown: Can SHIB Hold Above $0.000020?🚨
Shiba Inu (SHIB) is testing a key support zone at $0.000021 as traders grow concerned about a potential price breakdown. The token’s daily chart shows the 50-day moving average nearing a cross below the 200-day average, forming a bearish “death cross” pattern that often signals further downside. Trading volume has thinned, and momentum indicators suggest weakness.
If SHIB falls below the $0.000020 support level, the analysts expect a possible drop toward $0.000018. However, a rebound above $0.000022 could open the door for short-term recovery. With sentiment cautious and overall market volatility still high, this could be a critical moment for SHIB’s short-term direction. Investors watching for meme coin opportunities may want to observe closely before entering
