📉 Shiba Inu has entered the grooming process! Will the support level hold? 🤔

1. Sellers Are Back

SHIB tried to surpass the $0.000037 resistance level but failed. Now, the bears seem determined to sink the price to the main support at $0.000025.

2. Fix in Progress

This correction is normal, especially after SHIB experiences a major rally in which its price quadruples. It is important to watch the major support and see if buyers will bounce back with strength. If so, SHIB may return to an uptrend again.

3. Daily MACD is Bearish

The MACD moving averages on the daily time frame made a bearish crossover. This situation is bearish and is unlikely to change until the histogram makes higher lows.

Short Term SHIB Price Forecast

All eyes are now on the main support level at $0.000025. If this level holds, buyers may re-attack SHIB to break the current resistance.