I have conducted a technical analysis of the SHIB/USDT chart image. $SHIB the details:

* Strong Bearish Signals: The bearish crosses of the EMAs, the bearish alignment of the MACD with a growing negative histogram, and the increase in volume in the recent bearish candle are all indicators of strong downward momentum.

* Projection: It is very likely that the price will continue its downward movement in the short term. The level of 0.00001160 is a critical support to watch. If this level is convincingly broken, the price could fall towards 0.00001138 or even lower levels.

* Bullish Consideration: For the trend to change, we would need to see a clear bullish reversal pattern, a sustained increase in buying volume, and a bullish crossover of the EMAs (short-term EMA crossing above the long-term EMAs), which is not currently observed.