According to CryptoPotato, Shiba Inu's native token has experienced bearish price action in recent weeks after being rejected at a critical resistance level, and a more severe decline may still occur in the short term. On the USDT-paired chart, the price has been rejected from the $0.000011 resistance level, leading to an impulsive drop below the 50-day and the 200-day moving averages located around the $0.0000085 and $0.0000095 levels, respectively. The 50-day moving average is currently driving the price down, preventing a possible recovery. If SHIB fails to climb above the mentioned moving average's resistance line, it will likely target the significant $0.000006 support zone in the next few weeks. In the Bitcoin pair chart, the price has been rejected from the 0.035 SAT resistance level and has decreased since. The 50-day moving average currently provides support around the 0.03 SAT mark, and it could initiate a rally and retest of the 0.035 SAT if it holds. On the other hand, a bearish breakout could result in a drop toward the 0.024 SAT zone, which could be the investors' last resort.