Shiba Inu (SHIB) Faces Bearish Pressure
Shiba Inu, once hailed for its explosive growth potential, now finds itself grappling with significant market challenges. Recently, SHIB failed to breach the crucial resistance level of $0.000017, solidifying its bearish sentiment. Technical analysts have confirmed the emergence of a “death cross,” where the 50-day Exponential Moving Average (EMA) crossed below the 200-day EMA.·
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