$SHIB has been experiencing a downturn after reaching its all-time high. Currently, it is trading in the range of 0.000017 to 0.000018. Interestingly, SHIB has broken its two-month-old support level, which has now turned into a resistance level at 0.0001822.

Looking ahead, the next major support level for SHIB is anticipated to be around 0.00001253. This level could play a crucial role in determining the future price trajectory of SHIB.

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