Guy,s here is a short latest analysis of Shiba Inu ($SHIB ) /USDT (1D chart) 📊
🔹 Current Price: ~0.00000542
Trend: Bearish
📉 Market Structure
SHIB continues to form lower highs and lower lows, confirming a downtrend.
Price is trading below MA25 and MA99, showing strong selling pressure.
The recent bounce from 0.00000507 support was weak and sellers are still in control.
📍 Key Levels
Support: 0.00000530 → 0.00000507
Major Support: 0.00000480
Resistance: 0.00000600
Major Resistance: 0.00000670
🔎 Outlook
If SHIB holds above 0.00000530, a short bounce toward 0.0000060 is possible.
If 0.00000507 breaks, price could drop toward 0.0000048.
Bias: Bearish until SHIB reclaims 0.0000060+ 📉🐕🦺#SHIB #AltcoinSeasonTalkTwoYearLow

SHIB
0.0₅624
+6.48%