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The breakdown emphasizes the absence of bullish momentum to support higher levels and points to increased selling pressure. SHIB is now trading at about $0.00002408, and the next important support levels are close to $0.00002283 and $0.00002045. A more significant correction might occur if these levels are not maintained. With its potential in DeFi and meme culture,Both new and seasoned investors should exercise caution, though, given the state of the market and whale activity.