SHIB's Indifference Compared to MUTM's Rise: Is This DeFi's Upcoming Major Opportunity?

Shiba Inu (SHIB) is facing downward pressure as interest from retail investors declines, and technical signals are pointing to a negative outlook for the

coin. At the time of writing, has bounced back by more than 1%, staying above its November 4 low of $0.00000837. Still, if it falls below this point, the price may slide toward the October 10 low of $0.00000678, a mark . With the RSI at 36 and the MACD showing a negative trend, ongoing selling pressure is evident . On the other hand, if SHIB rebounds above $0.00000837, it could challenge the $0.00000956 resistance, which connects the highs from September 13 and November 14 .

The overall meme coin sector is also facing difficulties.

(PEPE) is at risk of dropping another 40% as it trades below $0.00000500, with both its RSI and MACD confirming a bearish trend . Meanwhile, SHIB's trading volume has dwindled to almost nothing, . This shortage of liquidity and price movement raises doubts about SHIB's future prospects, .

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