Shiba Inu Battles Key Support at $0.000012 as Bearish Pressure Builds
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Shiba Inu (SHIB) is experiencing significant bearish pressure, trading near a crucial $0.000012 support level. Technical indicators suggest potential further downside, with lower highs forming and resistance from moving averages limiting bullish momentum. Traders are closely monitoring whether SHIB can defend this key support zone.
April 03, 2025 | 8:45 am
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SHIB is testing critical $0.000012 support with bearish technical signals suggesting potential further price decline. Trading volume and price action indicate seller dominance.
Multiple technical indicators suggest bearish momentum: lower highs, resistance from moving averages, RSI near bearish territory, and potential breakdown of key support level.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100