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Just noticed Shiba Inu dipped to that weird $0.00000666 price point everyone's been talking about. Honestly didn't think we'd actually see it hit exactly that number, but here we are. The 666 thing is kinda interesting from a market psychology angle - Bitcoin's 666,666th block had that whole biblical message embedded, and traders always pay attention to these symbolic numbers.
But here's what actually matters technically: Shiba Inu is now sitting right on a support level from back in October 2023, when it was bottoming out around $0.0000066. If you remember, it rallied hard from there - hit like $0.00004575 in March 2024, which was almost a 600% run. The current crash just wiped out a lot of that, and we're basically back to where that whole move started.
Looking at the chart, SHIB fell for five straight days and even dipped to $0.00000616 at one point. The broader market got absolutely crushed too - over $800M in leveraged positions got liquidated in a single day. RSI is sitting around 30, which is pretty oversold, so there's probably a bounce coming. If we get a relief rally, watch for $0.00000785 as the first target, then $0.00001008 where it peaked on January 5th. If sellers keep pressing, the next support is around $0.0000055. Shiba Inu holders are basically waiting to see if this becomes a real reversal or just another leg down.