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SHIBNEUTRAL
Shiba Inu Drops Below $0.000005 Following Failed Breakout, $176,000 in Long Liquidations
FG
FOMOGRAM Editorial Desk
Aug 6, 2026

EXECUTIVE SUMMARY
Shiba Inu has declined below the $0.000005 mark after encountering resistance at the 50-day moving average. Approximately $176,000 worth of long positions in $SHIB were liquidated within a 24-hour period.
Shiba Inu has declined below the $0.000005 mark after encountering resistance at the 50-day moving average. Approximately $176,000 worth of long positions in $SHIB were liquidated within a 24-hour period.
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