Shiba Inu: Here’s how SHIB could react to the ongoing skepticism in the market

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. After declining below its EMA ribbons, Shiba Inu [SHIB] took a plunge below its five-month trendline resistance (yellow, dashed). The current structure exhibited a bearish edge despite a break above its near-term down-channel (yellow). […]