Shiba Inu's Spot Market Under Pressure from Weak Demand
Shiba Inu's spot market is experiencing weak demand, which has led to increased short-term selling pressure.
A review of seven short-term data points shows that sellers are dominating the $SHIB ($0.00 · Live) spot market.
The current price range for buyers is between 0.0000055 dollars and 0.0000057 dollars, while 0.0000058 dollars marks a resistance level.
If the support level at 0.0000050 dollars is broken, the correction could extend to 0.0000047 dollars.