Shiba Inu Faces Another Zero Drop as Bitcoin Signals Potential Reversal

The meme coin, Shiba Inu (SHIB), is experiencing a bearish trend. Prices have fallen below crucial support levels, with the 50 EMA breaking below the crucial barrier. This signals potential further decline to early 2025 lows if SHIB fails to recover. With rising selling volume and falling RSI, the current momentum leans towards bears. The market could face a significant downturn as retail investors lose confidence, potentially driving down prices even further.