𝐒𝐡𝐢𝐛𝐚 𝐈𝐧𝐮 𝐑𝐞𝐭𝐫𝐚𝐜𝐞𝐬 𝐭𝐨 𝐏𝐫𝐞-𝐏𝐮𝐦𝐩 𝐋𝐞𝐯𝐞𝐥𝐬: 𝐖𝐡𝐚𝐭'𝐬 𝐇𝐚𝐩𝐩𝐞𝐧𝐢𝐧𝐠?🐕

Shiba Inu $SHIB has recently retraced to its pre-pump levels, erasing the gains from the market recovery a month ago. This decline indicates a loss of momentum, with SHIB dropping below important support levels. Analysts attribute this downturn to a lack of buying pressure and waning enthusiasm among retail investors.

The current price movement suggests that SHIB is vulnerable to further declines, as the bullish push from late November has faded. Investors are advised to keep a close eye on the market, as the actions of key players could determine future price directions.

What strategies do you think could help Shiba Inu regain its upward momentum?

Source: U.Today