100 Trillion SHIB: Shiba Inu Bulls Face Daunting Task on Price Saving Mission

Bulls currently focusing on this key level, which could act as springboard for SHIB price recovery

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That said, bulls are currently focusing on this key level, which could act as a springboard for SHIB price recovery.Looking ahead, Shiba Inu will face its next big resistance in the range of $0.00003 to $0.000037, where 29.13 trillion SHIB were purchased by 143,770 addresses for an average price of $0.000033.Meanwhile, SHIB's next support level is between $0.000019 and $0.000023, where 35.55 trillion SHIB was purchased by 47,640 addresses for an average price of $0.000021.

Thus, Shiba Inu sustaining the aforementioned 100 trillion SHIB range might be key to forestalling declines to $0.000019, which represents a nearly 30% decrease from current levels.Aside from Bitcoin, meme coins are seeing an increasing amount of narratives heading into the weekend. According to Santiment, meme coin market cap drops are showing polarized views.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst.

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