Shiba Inu Price Analysis: Does This Represent a Good Buy? The $SHIB Price Gaze Relief Rally to $0.0000786.

Shiba Inu Price Analysis: On June 10th, the price of the Shiba Inu coin experienced a significant sell-off during the weekend's altcoin crisis. In the midst of this decline, prices broke through important supports of $0.0000072 and $0.00000783, falling to a two-year low of $0.00000543. Although the loss of the support reinforced the overall gloomy stance for this memecoin, the daily low formed at the previous low shows the SHIB price is likely to fall below it.