Shiba Inu experienced a sudden drop, dropping below $0.0000105 before rebounding near key support levels. This dip was triggered by whale selling and leverage liquidations, prompting questions about the coin’s future direction. While some see it as a shakeout opportunity ahead of an eventual resurgence, others anticipate deeper declines. Key support levels, currently at $0.0000100 and $0.0000070, offer a clear picture of potential price action. Experts suggest that if SHIB manages to hold above this level, it could signal bullish momentum, leading toward a possible breakout towards $0.000015 or even higher. However, if support fails and the price drops below $0.0000070, further downturns might be on the cards.