**SHIB Price Drops 5% This Week, What's Up?**
- SHIB failed to break the key resistance level at $0.000018 and resumed its downtrend. The current price is still bearish and it is likely that new bulls will emerge if the price reaches support at $0.000014.
- Selling volume dominates even though overall volume is low. Many days close in the red, indicating buyers are absent. Hopefully they come back at $0.000014. đ
- Daily MACD has continued to fall since the end of last week after a bearish cross. Momentum is still in favor of the bears and this downtrend may continue before there is a significant reversal.
What do you think? Come on, discuss in the comments column!
