Shiba Inu has experienced a 14.4% drop in the past week to reach the current level of $0.00001423.
Key resistances are identified at $0.000015 and $0.000017 levels, indicating crucial breakout points for potential bullish continuation.
Whale accumulation has increased by 1.6% despite the price downtrend, suggesting a shift in SHIB ownership dynamics.
Technical analysis points towards a consolidation phase that could lead to a trend reversal if specific resistance levels are surpassed, with the possibility of a 114.29% gain if breakout occurs.