Coin-Turk 20 minutes ago
11
Bitcoin 
$99,561 is facing a challenging market at $99,500, while altcoins struggle with double-digit losses. SOL ($226.96) Coin, which recently hit an all-time high, has plummeted to the $220 range. Notably, SHIB ($0.00) has fallen by 8% and DOGE ($0.32) by 9%, reinforcing the bearish trend that has gripped the market over the weekend. The situation reflects the ongoing nightmare for altcoins in this bearish climate.
SHIB Coin Analysis
As the second-largest meme coin by market cap, SHIB has dipped below the critical support level of $0.00001857. Should this downward trend continue, it may reach the $0.00001601 mark. The parallel channel support stands at $0.00002080, making recovery appear challenging for BTC ($99,746.88). In the event of a rebound, reclaiming the channel support might indicate a future test at $0.00002938….
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