Shiba Inu (SHIB) Denied at $0.000015: Zero Addition is Next?
Main Idea
Shiba Inu (SHIB) faces potential price decline due to lack of catalysts and increased selling pressure, with technical indicators suggesting further drops.
Key Points
1. Shiba Inu's price rally has stalled, with the short-term outlook appearing negative.
2. The token failed to maintain momentum above the $0.00001449 resistance level and is trading around $0.0000135.
3. Technical indicators like RSI and moving averages suggest SHIB may drop further to $0.00001267 or $0.0000120.
4. There is no fresh catalyst to drive SHIB's price upward, leading to increased selling pressure.
5. The article highlights broader crypto market updates but focuses on SHIB's bearish technical and market conditions.
Description
Shiba Inu might add another zero to its price due to unexpected entry denial at important price threshold
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