Shiba Inu at Crossroads as 69 Trillion SHIB Hangs in Balance

Outcome of critical SHIB price test might hinge on variety of factors

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On the flip side, bears might argue that the current price level could be unsustainable if the market fails to regain momentum. A sustained break could trigger a sell-off, pushing the SHIB price down further. The outcome of this critical price test will likely hinge on a variety of factors, including investor sentiment and the overall trajectory of the cryptocurrency market. With volatility remaining elevated and uncertainty lingering,In the event of further price drops, the next support might be envisaged between $0.000019 and $0.000024, where 49.42 trillion SHIB were bought by 75,770 addresses at an average price of $0.000022.price rebounds, bulls face the next resistance in the range of $0.

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