#ElSalvadorBTCReserve 🐶 Shiba Inu ($SHIB

) Price Revisits Critical Support After 40% Drop

The Shiba Inu price has dropped 40% since its $0.0000334 high on Dec. 8. The decrease took the price to the long-term horizontal support of $0.0000200.

The reaction to this level will be critical in determining if the long-term trend is bullish or bearish. Let’s analyze the price action and see which is more likely.