🔴 $SHIB Surges to $0.00016 was a fake out ? 🔴
SHIB has surged to $0.00016 but may not sustain this level for long. The recent uptick is attributed to a technical rebound, as SHIB was oversold, making it an attractive short-term buy. However, the broader market’s negative sentiment could signal a midterm downtrend. The lack of significant whale activity has reduced selling pressure, allowing for a more stable recovery environment for SHIB. Smaller investors have the opportunity to buy at lower prices without the fear of major sell-offs
$SHIB

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