Shiba

Shiba Inu

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 Cover image via <a href="https://u.today/">U.Today</a>
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After some ups and downs, the next key support level for <a href="https://u.today/worldcoin-whale-suddenly-absorbs-billions-of-shiba-inu-shib">SHIB</a> is thought to be between $0.000025 and $0.000024. This is where we expect SHIB could land, finding a steady spot that matches where the price grew before. If it reaches this range and holds steady, we might see SHIB start to <a href="https://www.tradingview.com/">recover</a> and climb back up.
Looking at the SHIB chart, this price range is significant. It is where SHIB previously jumped in value, which means it could be a strong area that supports the price from falling further. Areas like that one tend to see an accumulation of buy orders.&nbsp;
<img alt="SHIBUSDT" data-entity-type="file" data-entity-uuid="a184b0aa-dea3-4c1d-a005-3616fd170227" src="https://u.today/sites/default/files/inline-images/image_640.png"><a href="https://www.tradingview.com/">SHIB/USDT Chart by TradingView</a>
If the price of SHIB does fall to this level and does not drop below it, it could be a good sign. It means that the price is likely to bounce back, as this level has acted like a trampoline for the price in the past, pushing it upward.
For those watching <a href="https://u.today/shib-burns-jump-2330-with-156-billion-coins-scorched-in-march">SHIB's</a> future, staying above $0.000024 is key. If the price can stay above this range, it is more likely to see a proper recovery. Another key level is $0.000022, which coincides with the 50 EMA. However, if the price falls below these support levels, traders might need to look for the next support at a lower point, approximately around psychological thresholds like $0.00002.
For this to happen, it needs to not just reach the support level but also attract enough buyers to push the price back up. The overall sentiment on the cryptocurrency <a href="https://u.today/solana-sol-performs-enormous-breakthrough-xrp-price-about-to-make-move-dogecoin-doge-tripped-over">market</a> will be a crucial factor in SHIB's recovery.
SHIB has a specific price range to watch right now. If it can stay above $0.000024, the chances are better for the price to start going up again. A drop below $0.000024 will most likely open a way to $0.00002.

Next Shiba Inu (SHIB) Support Level Revealed

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