Just noticed SHIB has broken below that major support at 0.00000667 - now sitting around 0.0000056. The downtrend looks pretty solid right now, and honestly the technicals aren't looking great. Moving averages all pointing down, RSI in oversold territory but the bears still seem to have control here. The next levels to watch would be around 0.00000304 and then 0.00000138 if this keeps going. Yeah there could be a bounce from oversold conditions, but unless we see some real market momentum shift, I'd expect any relief rally to get sold into pretty quickly. Shiba Inu's just following the broader market pressure at this point.

SHIB-2.19%
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