🐶 Shiba Inu (SHIB) Price Creates Lower High — Final Pullback Before the Next Rally

#ETHOnTheRise Shiba Inu started November with positive momentum, increasing by 80% and reaching a high of $0.0000304 on Nov. 12.

However, it could not maintain its momentum the rest of the month and has fallen since. On Nov. 24, the price created a lower high and now risks breaking down from a short-term parallel channel.

What implications will this short-term breakdown have for the long-term $SHIB

trend, and where can the meme coin find support if it breaks down? Let’s find out.