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SHIB Burns Halt Completely: Technical Analysis Reveals Key Liquidation Levels

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SHIB
$0.00000725-2.5%
SHIB burns have stopped entirely, according to CoinPaper, removing a major bullish factor. Over 410 trillion tokens have been burned, but no activity occurred in the last 24 hours. Price analysis shows SHIB at $0.000007087, down 5.87% in the past day. Technical indicators signal bearish momentum, with RSI near oversold and MACD below the neutral line. Key levels for longs and shorts are $0.00777 and $0.0086, per CoinGlass. A drop below support could trigger a 20% pullback.
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