Analyst says you won’t see Shiba Inu at this pr

Analyst says you won’t see Shiba Inu at this price much longer, calling attention to an approaching key support and potential for price rebound.

Shiba Inu (SHIB) has shown recent stagnation, with its price hovering between $0.00001142 and $0.00001229. Currently priced at $0.00001164, SHIB has experienced a decline of 1.02% in the past 24 hours and a 9.33% drop over the last seven days. 

Despite the bearish trend, pseudonymous market analyst “Pepe is Friend” suggests that SHIB is nearing an important support zone, potentially setting the stage for a price rebound.