• SHIB price faces stiff resistance ahead. 
  • A spike in selling pressure could send Shiba Inu drop to $0.0000050.
  • Only a 4-hour candlestick close above $0.0000080 could save the memecoin. 

SHIB price has had a difficult time recovering, suggesting that it may soon face rejection.

SHIB price primed to retreat

In the following video, FXStreet's analysts evaluate where SHIB price could be heading next as Shiba Inu gets weaker.

 

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