Shiba Inu Targets $0.00004807 and $0.00007078 if Resistance is Surpassed, Analyst Says

An analyst argues Shiba Inu must break the $0.00001856 resistance level to exit its downtrend and move toward the $0.00004807 and $0.00007078 levels.

Shiba Inu has experienced a significant downturn over the past month, with its 30-day performance declining by 29.6%. The downtrend signals sustained selling pressure, though long-term holders have still recorded gains.

Over the past year, the asset has risen by 65.4%, indicating that despite short-term volatility, investors who held for an extended period maintain notable returns. #BTC #ETH #ContentStar #MAGA