Analyst Warns of Top 40 Crypto Exit Risk Amid Key Resistance at $0.00003364

Shiba Inu’s price outlook has come under scrutiny, with a pseudonymous analyst describing the market as “dead” and frustrating for ￰0￱ to MMBTtrader, the token risks sliding out of the top 40 cryptocurrencies if current conditions ￰1￱ this warning, the analyst pointed out that SHIB still maintains two important daily supports, leaving open the potential for a breakout. However, this depends on whether the coin can clear a descending trendline that has restricted gains for ￰2￱ Levels Define SHIB’s Next Moves MMBTtrader explained that Shiba Inu’s upside prospects are tied to breaking through key resistance ￰3￱ analyst identified $0.00003364 as the first major threshold, which has repeatedly acted as a rejection ￰4￱ touched this level in March 2024 and again in December 2024, but both rallies were cut short by selling ￰5￱ repeated failure has reinforced $0.00003364 as a strong barrier, making it the crucial gateway for any future ￰6￱ analyst stated that overcoming this resistance would unlock a potential 200% ￰7￱ this level could also set the stage for higher targets, including a 400% rise that was last achieved in November ￰8￱ that, the long-term target stands at $0.00007730, which reflects SHIB’s all-time high recorded in October ￰9￱ projected that a breakout above this level could deliver gains of over 600%.

However, the analyst emphasized that such a move hinges on maintaining SHIB’s support structure and breaching the long-standing descending trendline.