The article discusses the decline in meme coins, specifically Shiba Inu, due to the falling market and a decrease in Bitcoin's value. Shiba Inu has experienced a 9% drop in the past week, while Dogecoin has dropped by 18%. The current price rejection from the psychological level of $0.000010 could potentially indicate the start of a bullish rally. Shiba Inu's price trend has seen a 65% pullback from a recent high, forming a falling channel pattern. The lower price rejection suggests a potential bullish reversal. The RSI shows strong divergence, supporting the likelihood of a bullish resurgence. Shiba Inu is approaching a crucial support level, increasing the potential for recovery. However, there are immediate resistance zones that may pose challenges. If the channel pattern breaks out, the immediate resistance will be at $0.00001493.



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