Update
Shiba Inu Faces Bearish Technical Indicators
Shiba Inu (SHIB) is facing mounting downside risks as three bearish technical indicators suggest the cryptocurrency could face another sharp decline. Despite recent recovery attempts, SHIB remains below major resistance levels, and selling pressure continues to dominate its price structure. The increase in trading volume during downward movements indicates stronger seller participation, potentially leading to a breakdown below $0.00000460 and exposing the cryptocurrency to its previous lows near $0.00000420.