SHIB is in trouble, and its outlook for 2025 is unclear

SHIBA INU (SHIB) is now at a critical moment, and the 200 EMA indicator has become a "touchstone" to test its market performance. But the headache is that SHIB has not rebounded at this critical position, but has made the market more worried. Historical experience tells us that once an asset falls to this point, it often means that the situation is about to change, and it may fall even more severely in the future.

By the end of 2024, SHIB's performance is really hard to describe, and the bulls can't do anything at all. Looking at the 200 EMA again, SHIB has been selling because no one has bought it for a long time, and it is simply in danger. It is not impossible to turn around, but it requires a large number of buyers and new market interest to help, which is not easy.

The decline in trading volume, the traders are unsure, and the RSI has fallen to the oversold zone, all of which indicate that SHIB is about to collapse. But then again, oversold does not necessarily mean a reversal, and the market environment is still messy. If SHIB cannot hold the 200 EMA, the two psychological price levels of $0.000020 and $0.000018 will become the last line of defense. Once the line of defense is broken, SHIB may fall even more. The prospect of early 2025 is really worrying.

SHIB is now on the verge of death. Can it survive in 2025?

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