I have just observed that SHIB continues its downward trend, reflecting the current overall sentiment in the meme coin market. The price structure on the 1-day chart has shifted to a bearish state, with strong selling pressure pushing the price below local support levels. The MACD indicator has formed a bearish crossover below the zero line, which is not a good sign for momentum.

Looking at the liquidity map, the levels of $0.000008, $0.0000075, $0.0000067, and $0.0000062 are potential areas for liquidity sweeps. If Shiba Inu recovers to these zones, it is highly likely to encounter strong resistance. Currently, the next target for this meme token could be down to $0.000005, or even $0.00000389 if the breakdown continues.

My strategy is to wait for a recovery signal to the resistance zone before selling. Selling pressure is dominant, so the best opportunity to exit will be when the price bounces up. Those holding SHIB should be cautious of the current trend.