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Just checked the SHIB chart, and the price is testing the important support zone around $0.0000066. This week saw a significant sell-off, but interestingly, the open interest only decreased by 15%, indicating that the market is not entirely pessimistic. The RSI and MACD are signaling that the sellers are running out of steam, and there might be a bounce soon.
If SHIB can break above $0.00001, the momentum could shift back. The compression patterns suggest a strong move is coming soon, although the direction is still unclear. With a good market condition, the price could rise to $0.000033 or even $0.000042. But for now, closely monitor this support zone; if it breaks, there will be additional pressure.