Shiba Inu faces mounting selling pressure as over 531 billion SHIB flood exchanges in under 24 hours. Weak technicals and ...

Shiba Inu tested the $0.00000555 level at one point early Saturday as cryptocurrencies intensified an earlier sell-off.

Shiba Inu dropped 4.52% to $0.00000556 as crypto markets shed $515M in liquidations. Inflation data, tech stock pullbacks, and macro fears triggered the sell-off.

Technically speaking, SHIB is still stuck in a recurring downward trend. The fact that price action is still trading below significant moving averages, such as the 26 EMA and the longer-term trend ...