Shiba Inu (SHIB) Flash Crash: What’s Next For Price After 10% Nosedive?

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Shiba Inu experienced a sharp 10% crash, losing nearly all gains from its recent bullish movement within hours. The price dropped from a local peak of $0.00000620 to approximately $0.0000056, before stabilizing slightly above its 200-day moving average around $0.00000573. Key support is identified between $0.0000055 and $0.0000057, while resistance stands at $0.0000060 to $0.0000063. The RSI has returned to the middle of its range after approaching overbought territory, leaving SHIB at a critical technical decision point.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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