Shiba Inu (SHIB) experienced an 11.75% price drop due to the broader market crash and is now below major support levels. The market slump was triggered by rising risk aversion from labor market concerns and escalating trade tensions. The drop pushed SHIB below the $0.000015 psychological level, and it has now found a new major support level between the $0.000013 and $0.000014 range. However, this support level is not as strong as the previous one, and if it fails, there is another support level between $0.000008 and $0.000013. The current price is $0.00001366, and for SHIB to turn bullish, it needs to break above the $0.000014217 pivot level.
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