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SHIB

Shiba Inu Likely to Drop to $0.00001 as $0.0000122 Support Faces Test

I believe Shiba Inu is showing clear technical weakness and is likely to move lower toward my $0.00001 target over the next 2–3 weeks. Momentum and other indicators have deteriorated, putting the $0.0000122 support level at serious risk.

I'm watching for a decisive break below $0.0000122, which would confirm the downside extension; if that support holds, a short-term bounce is possible but not yet convincing. I remain cautious and would not add new long exposure until price action shows a reliable reversal.

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Analysis

Technical momentum has weakened and key indicators point to further downside; a break below $0.0000122 would likely accelerate the decline toward $0.00001 within weeks, while a hold could produce only...

Recommendation

Reduce exposure or sell into strength; avoid new buys until price confirms support and a trend reversal with improving indicators. Use tight risk controls if holding positions.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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