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Shiba Inu Prepares to Break Into $0.00001 Zone Again After Breaching Downtrend Resistance

Shiba Inu (SHIB) has broken through its downtrend resistance, which had been causing its value to decline persistently for over a month. The asset is now preparing to break back into the $0.00001 territory, with the support of a growing market-wide recovery.

Crypto analyst and trader, Crypto Rand, has highlighted the bullish breakout, and SHIB Knight, a notable trader within the Shiba Inu community, has asserted that the asset might be gearing up for its next leg. Shiba Inu is currently trading for $0.00000888, up 3.86% in the past 24 hours.

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