ShibaInu Shows Signs of Reversal Amid Market Struggles
$SHIB may be poised for a turnaround as it appears to have bottomed out, with a potential 50% price reversal on the horizon. After experiencing a steep decline of over 35% in recent weeks, SHIB is currently trading around $0.00002156, finding support in the $0.00001715-$0.00001875 range. Analysts suggest that if this support holds, a significant rebound could occur, leading to a bullish momentum shift. The market sentiment remains cautious, but the formation of a potential reversal pattern has sparked interest among traders. As the crypto landscape continues to evolve, Shiba Inu's ability to recover from this downturn could attract both retail and institutional investors.
Will ShibaInu's price reversal signal a new bullish trend for meme coins?
