Shiba Inu (SHIB) price is facing uncertainties and potential resistance amid trust issues, which may worsen the current downtrend for the altcoin. Whales, who are influential in meme coins like Shiba Inu, have seen a decrease in their activity recently, with their transaction volume dropping significantly. The Relative Strength Index (RSI) for SHIB indicates a struggle to maintain bullish momentum, suggesting continued price decline. Despite attempts to break the downtrend line, SHIB's price remains below key support levels, raising concerns of further decline. If bearish signals persist, SHIB could fall below $0.00002000, potentially triggering a drop to $0.00001473. Breakout above resistance levels could reverse the bearish trend and establish new support levels for SHIB.
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