Shiba Inu Faces Resistance at Key Price Level: Market Uncertainty Persists

Shiba Inu (SHIB) finds itself facing a crucial resistance point near the $0.00001 level, contributing to market uncertainty. This critical price threshold has historically held significant influence on SHIB’s price movements, reflecting broader concerns about meme token stability in volatile markets. While a recent rebound brought SHIB close to erasing an added zero, current momentum remains subdued, leaving questions about the coin’s ability to break out and gain substantial ground. The Shiba Inu project continues to be spearheaded by lead developer