Shiba Inu(SHIB) spot triangle pattern:💥💥 Analysts have not

--・1.8k views

ترجمة

Shiba Inu(SHIB) spot triangle pattern:💥💥 Analysts have noted a descending triangle pattern in Shiba Inu (SHIB), suggesting a continuation of its downward price trend. The token is near a crucial support level, with potential for further decreases if the momentum persists. SHIB's RSI sits at a neutral level of 50.0, but its declining trend indicates increasing selling pressure. The negative Elder-Ray Index since April indicates bearish dominance. Fibonacci Retracement data suggests potential price levels at $0.00002 and $0.000013 if SHIB breaks below the support line, while a shift in sentiment could push it to $0.000027. Despite SHIB's declining value, futures market activity remains strong, with a rise in open positions since May.#SHIB $SHIB

Shiba Inu(SHIB) spot triangle pattern:💥💥
Analysts have noted a descending triangle pattern in Shiba Inu (SHIB), suggesting a continuation of its downward price trend. 
The token is near a crucial support level, with potential for further decreases if the momentum persists.
 SHIB's RSI sits at a neutral level of 50.0, but its declining trend indicates increasing selling pressure. The negative Elder-Ray Index since April indicates bearish dominance. Fibonacci Retracement data suggests potential price levels at $0.00002 and $0.000013 if SHIB breaks below the support line, while a shift in sentiment could push it to $0.000027.
 Despite SHIB's declining value, futures market activity remains strong, with a rise in open positions since May.#SHIB $SHIB 