CandleFocus Shiba Inu Price Alert: Losing This Support Could Add Zero
2025-02-25
Author: Content Editor
The cryptocurrency Shiba Inu (SHIB) is facing a crucial moment, with a potential major decline looming if it breaks below a key support level. Currently down 6.44% in the last 24 hours and trading at $0.00001387, SHIB is struggling to hold above a critical price floor near $0.000013. The broader crypto market volatility and weak momentum are contributing to the potential downside for SHIB. The ongoing market sell-off and liquidation of bullish crypto positions are adding to concerns about SHIB's short-term price trajectory. To avoid further sell-off, bulls need to defend the important support level and regain upward momentum.
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