Another collapse of 50 % or 420 % gathered in front of Shayb?

TL; D

• An analyst pointed out that the second largest Mimi currency lost a decisive support line, and may drown by 30 % or more in the near future.
• In contrast, another strategic expert in the market suggested that the current price movements of Shayb are part of a large and shoulder head structure, which may lead to an increase of 400 %.

Martinez was on the downward side, claiming that the latest decrease in Shayb prices – by 4 % last week and more than 23 % since this time last month – means that the original has lost the main support level, which is located somewhere between them. 0.00002 dollars.

The graph below shows that the largest original symbol of Jiba Eno has been at this level in all the past few months. It has risen over it on occasions since the summer of 2024, the latter after the American presidential election, but it lost Steam and recently fell to its lowest price since September.

Martinez warned that Shayb might face another leg soon, which may take it south to $ 0.0011 or even 0.0000 dollars. Such violent declines represent a 30 % decrease in prices and 50 %.

#Shibainu $ Shib I lost the main support level! The following main support areas that must be seen are $ 0.001111 and $ 0.000008. pic.twitter.com/xzl5kc6rgq

Ali (ali_charts) February 23, 2025

Unlike the increasing number of descending scenarios, Javon Marx, another encryption analyst with more than 50,000 followers on X, presented a different perspective, claiming that the current price movements of Shaib maintains “a larger and shoulder head structure.”

Consequently, the strategic expert decided that Shiba Inu could reach $ 0.000081, which will be 420 % of the current price levels.

$ Shib (Shiba Inu) The prices that maintain a large head and shoulder structure and with a goal of $ 0.0081 still in play, can come out more than 402 % to reach it from this! https://t.co/wwgfdotpcu pic.twitter.com/wuz6c2yrly

– Javon⚡mmarks (@javontm1) February 22, 2025