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Analyst Forecasts Shiba Inu Decline to $0.00001735 Before Recovery to New Highs

  • A TradingView analyst forecasts a corrective dip for Shiba Inu (SHIB) to $0.00001735 before a potential recovery and a surge to new highs.
  • Shiba Inu experienced notable price fluctuations, with its price declining in the past 24 hours by 2.64% and trading at $0.00002053 at press time.
  • A TradingView analysis suggests a possible downward move for Shiba Inu, with a projected drop towards the $0.00001735 demand zone before a potential rebound.
  • Another analysis highlights a bullish setup for Shiba Inu within a rising channel, with a key support level at $0.00001947 providing a rebound opportunity and a price target of $0.00004170.

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