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Can It Recover Amid Bearish Momentum?

Can It Recover Amid Bearish Momentum?



Shiba Inu (SHIB) continues to struggle as bearish momentum dominates the crypto market. The SHIB price today stands at $0.0000131. Despite ongoing token burns and strong community support, the Shiba Inu price forecast remains uncertain. Can SHIB/USD stage a comeback?

Shiba Inu Chart Analysis: Key Levels to Watch

The SHIB/USDT technical analysis reveals critical price zones that could determine the coin’s next move.

Support Levels:

$0.00001291 – Immediate support, failure to hold could trigger more downside.$0.00001100 – Stronger support zone, tested multiple times in the past.

Resistance Levels:

$0.00001739 – Key breakout zone, breaking above would confirm bullish momentum.

$0.00001565 – Near-term resistance, reclaiming this could spark a relief rally.

Shiba Inu price today Feb 28, 2025

Shiba Inu Price Prediction: Will SHIB Rebound?

The Shiba Inu forecast remains uncertain as SHIB/USD struggles to find a bullish catalyst. For a SHIB price breakout, it must overcome resistance at $0.00001565 and establish a new support base.

Several SHIB price factors could influence future movements:

Bitcoin’s price trend – A BTC recovery could trigger a broader market rally, benefiting SHIB price action.

Market sentiment – Increased investor interest or whale accumulation could reverse the Shiba Inu price trend.

Shibarium development updates – Progress in Shiba Inu’s Layer-2 scaling solution could boost adoption.

    Should You Purchase Shiba Inu at This Time?

    The Shiba Inu price prediction for 2025 remains a tug-of-war between bulls and bears. If SHIB/USD can break above $0.00001565, it might spark a trend reversal, especially with the RSI crawling out of oversold territory—a classic momentum boost.

    If SHIB price fails to hold $0.00001291, it will tumble further. For now, traders should keep an eye on SHIB support and resistance levels.



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