#shibaInu ( $SHIB ) Symmetrical Triangle Is Here, Here's What Might Happen

The Shiba Inu (#SHIB ) token has been drawing attention lately, not just for its #meme status but also for a technical pattern forming on its price chart — a symmetrical triangle. This pattern is often considered a continuation pattern, meaning it usually signals the direction the asset will take following a period of consolidation.

What is a symmetrical triangle?

A symmetrical triangle is a chart pattern that looks like a #triangle , where the price moves within two converging trendlines. This pattern can break out in either direction — upward or downward — and is generally considered to be a period of market indecision. The breakout direction often indicates likely future price movement.