Shiba Inu

<ul><li>SHIB faces resistance at $0.0000145, crucial for any potential bullish reversal.</li><li>Support levels at $0.0000135 and $0.0000138 may stabilize SHIB&#39;s current decline.</li><li>Volume dropped by 11.91%, with $663.73K in long positions liquidated, signaling market caution.</li></ul>The recent dip in <a href="https://cryptotale.org/shiba-inus-decline-leads-to-low-trading-volume-and-activity/" rel="noopener noreferrer nofollow">Shiba Inu</a> (SHIB) price has captured the attention of investors and analysts alike. Over the past 24 hours, SHIB has experienced a decline of approximately 5.36%, bringing its current price to around <a href="https://coinmarketcap.com/currencies/shiba-inu/" rel="noopener noreferrer nofollow">$0.00001384</a>. This downturn prompts a closer look at critical support and resistance levels that could signal a potential bullish reversal.<a href="https://cryptotale.org/shiba-inu-sees-a-potential-354-surge-targets-0-000081/" rel="noopener noreferrer nofollow">SHIB&#39;s</a> price trend shows a notable downward trajectory, marked by consistent declines. The chart highlights key resistance levels where the price has faced significant selling pressure. The first major resistance is observed at $0.00001463. This level has previously acted as a barrier, causing the price to retract each time it approached this point. Additionally, another resistance zone near $0.0000145 has proven to be a point of contention, where the price briefly touched before pulling back.On the other hand, there are crucial support levels that traders should monitor. A notable support level is found around $0.0000135. This area has seen some buying interest, suggesting it may offer a safety net for the price. Moreover, a potentially stronger support zone is near $0.0000138. The price has tested this level multiple times and managed to hold, indicating a more robust support that could stabilize the current downward movement.<a href="https://cryptotale.org/is-shib-primed-for-a-turnaround-key-levels-to-watch/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Is SHIB Primed for a Turnaround? Key Levels to Watch

CryptoTale

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