Shiba Inu Faces Selling Pressure as Key Support Level Comes Under Threat

Community Trust Score Verified 98 % Real Verified 42 votes Updated 1 hour ago Shiba Inu is bleeding out. The token fell through $0.00000509 and is now trading at $0.00000496, a move that’s got traders watching the next few support levels very carefully. The decline of Shiba Inu below the 100 EMA and the significant support level of $0.00000509 highlights a shift in market sentiment and raises concerns about further downward pressure on the token.

Source: The Currency Analytics