🚀 Shiba Inu price analysis- Cointelegraph

📈 Support Rebound
Shiba Inu rebounded from strong support at $0.000010 on August 5, showing solid buying interest. The recovery could approach the moving averages, where bears are expected to defend strongly.

🔽 Bearish Risk
If the price drops sharply from the moving averages, it suggests bears are selling on rallies, increasing the likelihood of a drop below $0.000010.

🚀 Bullish Opportunity
If buyers push the price above the moving averages, it could signal the end of the downtrend, with the SHIB/USDT pair potentially climbing to $0.000020.