Shiba Inu at a Crossroads: Will Prices Soar or Plummet?

Shiba Inu (SHIB) is perched at a critical juncture, with its price poised to surge or plummet in the near future. The token currently trades above key moving averages – the 50-day and 100-day – around $0.00001450. However, strong resistance from the 200-day average at approximately $0.00001595 continues to hold back any upward movement. SHIB has repeatedly failed to surpass this barrier, signifying it’s a critical obstacle in the short term.                                 SHIB is caught between crucial support and resistance levels, with price movements expected to be sharp as pressure builds. Many anticipate either an explosive price jump or a swift and severe drop.