🚀 #SHIB : What’s Next?


Shiba Inu ($SHIB) is at a critical turning point as market sentiment remains mixed.


🔹 Bearish Side: Whales are offloading holdings, increasing downward pressure.

🔹 Bullish Side: A breakout above resistance could trigger a rally (Target: $0.00004401).


📉 Market Overview

🔴 SHIB continues to drop, losing 11.08% in the last 24h.

🔸 Current Price: $0.00001304

🔸 Market Cap: $ 7.68B (-11.08%)

🔸 24h Volume: $324.9M (+15.90%)


📊 Technical Analysis

- Price broke key support levels**, signaling a stronger bearish trend.

- Trading volumes are rising, mostly driven by sell-offs.

- MACD remains in the red, confirming downward momentum.

- Next support zone: $0.00001300 – $0.00001000


⚠️ What’s Next?

- Watch for demand zones—if selling pressure eases, SHIB could consolidate before its next move.

- A potential bounce or further drop depends on upcoming whale activity and market conditions.


Do you expect a reversal or more downside? 🤔👇


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February 28, 2025 at 8:43 AM
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