Is Shiba Inu Barking At $0.000016 Or $0.000011?
In a more optimistic scenario, this falling wedge coul link Shiba Inu's price to $0.000016, a key level the dog-embossed meme coin hasn't touched since May 11, 2025. On the contrary, the pessimistic scenario could push Shiba Inu's price to a freefall below $0.00001170, retesting yearly lows.
Regardless, crypto market watchers don't see that coming if SHIB's price keeps above the $0.00001242 support line, which Rich X Cult used as an entry point. So far, SHIB is trading at $0.00013, successfull holding this key support amidst a considerable uptic in trading volume.