$SHIB remains trapped in a clear short-term bearish cycle, sliding down -2.52% to a current price of 0.000005706. After rolling over from its local high of 0.000006695, the price has consistently printed lower daily closes. It is currently pinning itself beneath a heavily descending moving average structure, with the WMA5 at 0.000005761 acting as immediate overhead resistance and the WMA20 far above at 0.000006027. Trading Outlook: Sellers are firmly in control of near-term momentum. The key level to watch is the recent local swing low at 0.000005570; if buyers fail to form a defensive double-bottom there, a deeper correction toward historical liquidity zones is likely. #DailyOrbit @OKX中文