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Shiba Inu Market Struggles Might Just Be The Calm Before A 400% Storm

  • Shiba Inu (SHIB) has seen a 26% price reduction in the last month, trading at $0.00001476 with a market capitalization of $8.7 billion.
  • Some analysts spot optimism in SHIB's price action, projecting a 400% increase to $0.000081 based on an Inverse Head & Shoulders pattern.
  • Large transactions on the Shiba Inu network have dropped by over 80% in the last 12 weeks, raising concerns about the coin's short-term future.
  • Market analysts are closely watching the support levels at $0.000011 and $0.000008, which could determine SHIB's future performance.

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