I just noticed that SHIB is near a critical support zone, which is quite interesting for those following this token. Last week, there was a rally followed by a sell-off, causing the price to drop back to a lower area. Now, everyone is waiting to see whether this support holds or if the price will continue to decline.

Looking at the long-term chart, SHIB has been under selling pressure since the peak in 2021. The downtrend structure is clear, with short-term rallies followed by new selling pressure. The zone between $0.00000626 and $0.00000535 was previously a strong buying area, but each test seems to weaken it.

For SHIB traders, if the price stays above $0.00000535 and closes the week above $0.00000626 with good volume, a recovery is possible. Then, it could target $0.00000800, followed by $0.00001100, and even $0.00001400 if momentum is strong. From here to those levels, that's a 44% to 152% increase.

However, if this support zone is broken, especially if the weekly close is below $0.00000535 with high volume, the price could drop further to $0.00000350 or $0.00000280. That would mean an additional loss of 37% to 50%.

In summary, this is a critical point. The price action in the coming days will reveal the next trend.