<ul><li>Shiba Inu (SHIB) faced a significant sell-off recently, dropping from $0.00001500 to $0.00001250 between May 29-30 with a spike in trading volume.</li><li>The meme coin is now showing signs of potential consolidation and stabilization below recent highs, indicating a base formation.</li><li>While SHIB's current price is at $0.00001266, it has experienced a 3.80% decline over 30 days and a notable 54.73% drop over 180 days, signaling a bearish trend.</li><li>The coin's short-term support is at $0.00001250, with resistance at $0.00001350-$0.00001400, and a breakout or further decline will depend on market sentiment and trading volumes.</li></ul>

Shiba Inu Crash To Calm – Is SHIB Forming A Base Below?

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