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Shiba Inu Slips to Key Range as 700 Billion SHIB Flood Exchanges — Crash or Comeback?

Shiba Inu Slips to Key Range as 700 Billion SHIB Flood Exchanges — Crash or Comeback?

BearishSHIB logoSHIB
ZyCrypto logoZyCryptoFebruary 12, 20261 min read
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Shiba Inu (SHIB) has slipped below its consolidation zone and is facing sustained bearish pressure. Currently testing the $0.0000060 support at $0.00000604, market analyst HolderStat notes a break could accelerate a drop toward $0.0000055. SHIB is currently in a downtrend, but if the $0.0000060 support holds, a short-term rebound toward $0.0000070–$0.0000075 is possible. SHIB on the Brink:

ld accelerate a drop toward $0.0000055. SHIB is currently in a downtrend, but if the $0.0000060 support holds, a short-term rebound toward $0.0000070–$0.0000075 is possible. SHIB on the Brink: