SHIB Plummets: Is Your Meme Coin About to Take a Nosedive?

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Ah, the market—still green, still pretending everything is fine, at least according to CoinStats. Somewhere, a trader sips cold tea and wonders if optimism is just another word for denial.

SHIB/USD

SHIB, that mischievous pup of the crypto world, has slipped by 0.22% in the last day. Not enough to cause panic, but enough to make you check your wallet twice and sigh dramatically.

On the hourly chart, SHIB’s price clings to the local support at $0.00001414 like a cat to a windowsill during a thunderstorm. Should today’s candle close here, expect a gentle tumble—perhaps even down to $0.000014. Hold onto your hats (and your coins)!

Zooming out, the mood remains as bearish as a Russian winter. The meme coin edges back toward support at $0.00001397. If it breaks through, brace yourself for a possible test of $0.00001350. Yes, that’s a lot of zeros—enough to make you question your life choices.

Midterm? After a false breakout at $0.00001734, SHIB is drifting lower, far from any decisive levels. Most likely, we’ll see it shuffle sideways between $0.00001350 and $0.000015, like an indecisive guest at a dull party.

At the time of writing, SHIB trades at $0.00001426. Not quite rags, not quite riches—just another day in the life of a meme coin. 🐕💸

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2025-05-20 18:07