The future support for Shiba Inu (SHIB) is uncertain, as it is currently trading at a crucial price level. The profitability metrics suggest that a significant support range is linked to a large number of SHIB tokens. If this support breaks, selling pressure may increase. The price chart indicates that SHIB is struggling to recover and is still in a downward trend. Important moving averages show that there is little cushion for SHIB, and the 50 EMA has become resistant. The majority of SHIB holders are currently losing money, with only a small percentage in the money and the rest waiting for the price to recover. Active addresses are concentrated in a specific price range, suggesting a potential selling pressure wave if SHIB falls below this level. The next significant support level is likely to be close to a certain price. SHIB needs to break a certain price in order to strengthen and avoid further decline. The future of SHIB will be determined in the coming days.



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