Shiba Inu (SHIB) is in trouble—or at least, that’s what the technicals suggest. While the broader market is showing resilience, SHIB’s latest pattern hints at a breakdown that could send it crashing 50% to the $0.000006 level.

After rebounding 16% to around $0.000012, SHIB has found itself stuck in a well-defined descending triangle, with sellers dominating every bounce. Resistance from its 21DMA, 50DMA, and the December 2024 downtrend all remain firmly intact.

This bearish setup coincides with broader macro risks that haven’t gone away. Even though the U.S. has paused most tariffs for 90 days and Fed officials are showing support for markets, economic data continues to weaken. With a potential recession on the horizon, risk assets—especially meme coins like SHIB—could be among the hardest hit.

Still, that doesn’t mean SHIB’s story is over. In fact, a deep crash might be the setup needed for a powerful comeback. Trump’s administration remains firmly pro-crypto, and with growing speculation of stimulus in a recession, altcoins could soon find fresh momentum.

If SHIB does hit $0.000006, it could be the dip long-term bulls have been waiting for. Just remember: investing in meme coins carries serious risk, but the upside—if history repeats—could be 10x or more.