Shiba Inu: Shorting opportunities could arise if SHIB falls below this range

After constantly failing to sustain above the four-hour 20 EMA (red) and the 50 EMA (cyan), Shiba Inu [SHIB] continued to exhibit a bearish preference. The current setup revealed a descending triangle structure as the sellers ramp up their efforts to find fresher grounds. The immediate trendline resistance (white, dashed) would play a crucial role in […]