Today’s Shiba Inu price forecast is bearish, as a new downside was established overnight, and there are no indications of slowing down today. As a result, we anticipate SHIB/USD to next test support at the $0.00006 level to determine if it can withstand the third time. Every time SHIB/USD tests this price, it bounces off of it.
This level at which SHIB/USD failed to break is essential because it has acted as support two times before. Each time it has hit this price level, we can see that SHIB/USD bounced off of it.