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SHIB Price Prediction for July 5

2025-07-05 15:19:37

SHIB Price Prediction for July 5

Main Idea

The SHIB price has shown a slight decline and is currently trading near a key support level, with potential for further drops if the support is broken.

Key Points

1. The price of SHIB has declined by 0.8% since yesterday.

2. SHIB is trading near the local support level of $0.00001140, indicating a bearish trend on the hourly chart.

3. A breakout below the support level could lead to further price declines.

4. For an upward move, SHIB needs to rise above the $0.000012 zone.

5. Current trading price of SHIB is $0.00001141 at press time.

Description

How long can sideways trading of SHIB last?

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