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Shiba Inu Price Analysis: 150T SHIB Support at Risk Amid Market Sell-off Coingape 04 Aug 2024

Shiba Inu Price Analysis: 150T SHIB Support at Risk Amid Market Sell-off 📉

Shiba Inu price analysis demonstrates that selling pressure has intensified over the weekend following Bitcoin's dip below the $60,000 psychological level. This market downturn can be attributed to growing geopolitical tension in the Middle East, where Hezbollah launched dozens of rockets at Israel. Fear of a recession in the US market adds to the crypto market's instability. Consequently, the 150T SHIB support level is now at risk amid the ongoing market sell-off.

Source: coingape.com ↗

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