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Will Shiba Inu Price Crash to 0 in June?

  • Shiba Inu (SHIB) price has been showing signs of weakness with critical support levels broken and bearish candle structures on the daily chart.
  • On the hourly chart, SHIB is struggling to break resistance points and has faced rejection near moving averages, indicating a bearish continuation pattern.
  • Projected breakdown target suggests SHIB price could fall to $0.00000850 unless a major reversal pattern occurs.
  • While crashing to zero is unlikely, a collapse to sub-$0.000007 levels is possible due to factors like Bitcoin weakness, lack of utility narrative, whale exits, and macroeconomic pressures.

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