On its part, the Shiba Inu (SHIB) price charts signal some impending troubles ahead as the meme coin braces for a potential breakdown. Shiba Inu (SHIB) trading volume is down following major losses, with price action unable to recover to previous support levels. Further losses could mark the way for bearish sentiment if Shiba Inu (SHIB) fails to defend the established support levels. Though speculative, the destiny of Shiba Inu (SHIB) is within the broader market sentiments and the return to interest in meme coins.

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