Tests Multi-week Lows Around $0.19; Hold or Exit?
SHIB price shows the strength in the downside momentum, as it continued with the downfall that begins in April. Despite the lower movement, the probability of falling more is bleak as the sellers sit near the multi-week support level. SHIB Price continues to hover near a reliable support zone near $0.19. The price remains pressured below the 24-day and 50-day EMAs on the daily chart. A bounce back in SHIB holds a higher probability near the reliable bottoming formation. As of publication time,...