Just noticed Shiba Inu hit that weird $0.00000666 price point everyone's talking about. The number combo is kinda meme-worthy in the crypto space, but what actually matters here is the technical side of things. This level is sitting right at a support zone from back when Shiba Inu started its run in October 2023.

Looking at the bigger picture, the whole market got hammered over the weekend - around $825M in leveraged positions got liquidated in 24 hours. Shiba Inu wasn't spared, dropping hard for five straight days and hitting lows we haven't seen since October 2023. The token peaked at $0.00004575 back in March 2024 (that was a crazy 593% rally from the $0.0000066 low), but it's been sliding since the January peak of $0.00001008.

Technically, Shiba Inu's RSI is sitting around 30, which is oversold territory. Could mean a bounce is coming. If we get a relief rally, watch for resistance at $0.00000785, then $0.00001008, and potentially $0.00001047. If sellers keep pushing, the next support drops to $0.0000055. The crypto community's basically watching to see if Shiba Inu can hold this level or if we're heading lower.