Shiba INU Price May Easily Hit $0.00006

Shiba INU triggered an explosive upswing that may ignite another explosive breakout in the upcoming days

The SHIB price again respected the lower support around $0.00002 but woefully faced a rejection close to $0.00003 levels

Despite the SHIB price is trembling to some extent, the asset displays a strong tendency to range beyond $0.00005 with the next leg up

The popular memecoin maintained a significant accumulation and ranged from strong support to $0.00002500 levels

After gaining nearly 12% in its value, the asset quickly dropped may be due to long liquidations

The price sustained hard above $0.000026 levels and flipped multiple times

The price appears a little uncertain in the lower time frame, but in the higher time frame, the possibility of a massive bull run is high.

The SHIB price after the decent rebound is struggling hard to reach $0.00003 levels as $0.000027 acts as a barrier.

A couple of rejections since the beginning of the month do raise some concerns.

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