**๐จ Shiba Inu Alert: 65 Trillion SHIB at Risk as Price Drops 4% ๐จ**
Shiba Inu (SHIB) faces a critical moment with a recent 4% price drop, threatening the crucial 65 trillion SHIB support zone.
๐ **Price Update:**
- **SHIB:** Down 4% in the last 24 hours
- **Current Price:** $0.0000255
๐ **Market Context:**
- The drop follows key inflation data releases affecting the broader crypto market.
- Bitcoin and other major cryptocurrencies also saw declines.
๐ **Key Data:**
- **Core PCE Price Index:** Fell to 0.2% in April, the lowest since December 2023.
- **Support Zone:** 65.53 trillion SHIB held by 62,110 addresses between $0.000025 and $0.000027.
โ ๏ธ **Critical Levels to Watch:**
- **Lower End:** SHIB is approaching $0.000025.
- **Potential Support:** If SHIB holds, it could reinforce the support level and spark a bullish trend.
- **Risk:** A continued decline below 65 trillion SHIB could lead to a deeper correction to $0.000019.
๐ **Next Major Support:**
- Between $0.000019 and $0.000025, where 59 trillion SHIB were bought by 111,420 addresses.
๐ **Upside Potential:**
- Surpassing the 65 trillion level could challenge key barriers at $0.000027 and $0.000030.
**Stay Tuned for Updates!** ๐
