Urgent Notice!!!!!!

$SHIB investors, please take note! There has been a major market change today, with the price of Shiba Inu falling sharply and breaking through a long-term key support level.

In the past 24 hours, the price of $SHIB has fallen by 3.58%, and is currently trading at $0.00002. Compared with mainstream digital currencies such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), $SHIB has fallen by 14.00% in the past month. Nevertheless, from a historical return perspective, $SHIB has fallen by 20.40% this month, but the total return is still as high as 176.69%, which is still an impressive figure.

The market is extremely active, with $SHIB's 24-hour trading volume surging 43.80% to $258.85 million. Does this mean that large investors (whales) have chosen to sell $SHIB after long-term support?

The sharp drop in the early trading today seems to have broken the original sideways pattern of $SHIB, and the market has entered a downward track. Technical analysis shows that the trend change was particularly evident when $SHIB fell below the long-term key support level of $0.00002048. Previously, the price had been fluctuating around this support level and formed a strong support area at $0.00002109.

Other technical indicators also verified this trend. For example, the relative strength index (RSI) dropped sharply from 55 the previous day to 10, showing that the market is facing huge selling pressure and is close to oversold levels. In addition, the 30-day moving average began to decline, indicating a weakening short-term trend. At the same time, the 200-day moving average also declined, indicating that selling pressure still exists, which may lead to a larger decline.

In the face of this market change, investors are requested to remain calm, conduct rational analysis, and make prudent decisions. There are no permanent winners or losers in the investment world. Let us look forward to the future performance of $SHIB together.

#SHIBI #BTC☀️ #ETH🔥🔥🔥🔥🔥🔥 #sol板块

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