Shiba Inu Price Prediction: Will in any Recovery ?

The Shiba Inu price recent  recovery has stalled, signaling that the recent rebound may have been a dead cat bounce

Currently SHIB token is trading at $0.00001235, which is about 40% above the lowest level last week. However, the coin almost falls about 85% below the highest level in October 2021

On the Weekly chart, we see that the SHIB price made a strong recovery in the past week. It rose by 64% from the lowest level on May 12. Res Will be at  $0.00001730

Technical analysis, The coin maintains slightly below the 25-period and 50-period moving averages.

SHIP will likely fall to the next key support at $0.00000900. On the flip side, a move above the key resistance at $0.00001735 will invalidate the bearish view

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