The Shiba Inu (SHIB) token recently experienced a "death cross," indicating a potential downtrend. However, the token quickly rebounded and is now approaching key resistance levels. If it surpasses these levels, it could signal further upward momentum. The $0.00003 level is an important target, representing a 30% gain from the current price. The outcome will depend on the interplay between moving averages and resistance levels. Shiba Inu is currently in a precarious position, balancing between bearish signals and unexpected bursts of strength.



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