SHIB dey slide toward $0.0000083 support; risk say e fit test $0.0000080
SHIB (Shiba Inu) don drop about 2.4% for past 24 hours and e dey trade around $0.0000083. Hourly charts dey show say the token near short-term support for $0.00000833 (older reports mention $0.00000862), and if e break under that level e fit push SHIB down enter $0.00000820–$0.00000830 range and even test $0.0000080 zone. Higher-timeframe charts still dey bearish with nearby support near $0.00000826; sellers dey hold initiative now. Midterm momentum don stall and key midterm resistance dey near $0.00000918 — you go need clear break above that to resume bullish run toward $0.000010 area. If $0.00000918 remain resistance, expect range-bound action between about $0.0000083 and $0.0000090. Key data for traders: 24h change ≈ -2.4%; current price ≈ $0.0000083; near-term supports $0.00000833 and $0.00000826; downside targets $0.00000820–$0.0000080; midterm resistance $0.00000918. Trading implications: watch for confirmed hourly/daily close below $0.00000833 for increased short-term downside risk, or sustained breakout above $0.00000918 to shift momentum back to bulls.
Bearish
Both articles dey describe new downside pressure for SHIB as price dey near and dey test short-term supports. Short-term technicals (hourly and higher-timeframe charts) show say sellers dey control and e get chance say price fit fall further to $0.00000820–$0.0000080 if $0.00000833/$0.00000826 supports break. Midterm momentum don stall and clear bullish catalyst go need strong breakout above $0.00000918. For traders, this mean short-term downside risk don high and upside limited till midterm resistance clear. So immediate price impact na negative: downside bias until support hold or breakout above $0.00000918 happen.