This news article discusses the current downtrend and struggles of the cryptocurrency Shiba Inu (SHIB). The coin has been unable to break through key resistance levels and investor sentiment remains negative due to ongoing losses. Losses in transactions have outweighed profits, which has led to a decrease in market confidence and lower trading volume. However, SHIB shares a strong correlation with Bitcoin and could potentially experience a rebound if Bitcoin performs well. The current price of SHIB is $0.00001591, and without a significant shift in sentiment, it is unlikely to breach resistance levels in the short term. However, if Bitcoin recovers, SHIB could potentially rise and open the door for further growth.



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