SHIB continues to toe a bearish line since its rejection from the $0.0000286 top in early March, as it slipped below the critical $0.0000220 support. However, the meme coin has fought to remain close to this mark as it rebounded to $0.0000220 on Wednesday.

With trading volume on the lower end, market momentum is expected to remain choppy for the meantime. That said, market momentum could take a turn between now and Friday as the US Fed prepares for its two-day policy meeting commencing later today.

Meanwhile, my resistance levels are $0.0000235, $0.0000250, and $0.0000260, and my support levels are $0.0000210-, $0.0000200, and $0.0000190.

Total Market Capitalization: $1.79 trillion

Shiba Inu Market Capitalization: $12 billion

Shiba Inu Dominance: 0.67%

Market Rank: #15