Here’s Why Shiba Inu Price’s 10% Rise Entails $50 Million LossesSHIB / TetherUSBINANCE:SHIBUSDTaaryamann_shrivastava_bicAt the time of writing, SHIBUSDT price is $0.00001407, sitting just below the resistance level of $0.00001435. The altcoin has been facing mixed signals, with both bearish and bullish factors playing a role in its price action. The key resistance level of $0.00001435 needs to be broken for a potential recovery. The liquidation map shows a fascinating development: if SHIBUSDT recovers the 10% losses it has sustained by reaching $0.00001553, it could trigger over $52 million worth of short liquidations. Short sellers have been betting on a decline, but if SHIB rebounds, these traders will face considerable losses. If SHIBUSDT continues to hover within the consolidation range of $0.00001435 and $0.00001317, traders will remain safe from liquidation risks. This sideways movement will keep the altcoin within a neutral zone, avoiding drastic price changes in the immediate term. However, if SHIBUSDT price manages to break the resistance at $0.00001435 and flips it into support, SHIB could potentially climb back to $0.00001553. This would mark a 10% recovery, invalidating the current bearish sentiment and shifting the outlook to a more optimistic tone.