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$SHIB is currently in a critical zone. After experiencing a stable downtrend, the price has reached the area where buyers previously stepped in. The selling pressure here appears lighter, which usually indicates the exhaustion of downward momentum.
If this support level can hold, a rebound to higher levels would not be surprising. However, failure to hold this area could open up further downside space.
This is a key moment for SHIB to be patient and confirm.