The majority of Shiba Inu (SHIB) holders are currently losing money, as the meme coin's price has declined recently. Many investors bought during previous rallies in the hopes of further gains but were caught off guard by the price drop. SHIB's inability to sustain upward momentum led to unrealized losses for many traders who bought in at peak prices. The overall market decline and lack of substantial utility for SHIB have also contributed to its struggles. To recover, SHIB needs to regain key resistance levels and investor trust, with a potential price range of $0.000012-$0.000015. However, if selling pressure persists and SHIB fails to maintain support at $0.000008, the price could fall further to around $0.000006. Risk management is crucial in the current uncertain market, and while short-term traders should be cautious, long-term holders might consider dollar-cost averaging at lower prices. Monitoring SHIB's technical levels and market sentiment will be important in determining the best course of action.



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