Markets· ★★· bearish·

Shiba Inu Loses Key 100 EMA Support at $0.00000528

  • —SHIB trades near $0.00000496 after touching a low of $0.00000483
  • —Price closed below the 100 EMA at $0.00000528, the floor since August
  • —RSI near 36 points to strong selling without a reversal signal
  • —Next supports: $0.00000474, then the $0.00000437–0.00000440 zone
Why it matters: Losing a multi-month support turns it into resistance; a daily close back above $0.00000528 is needed to cancel the breakdown.
#SHIB
Source: U.Today
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