The current market outlook for Shiba Inu (SHIB) in September 2024 appears to be mixed. While the price has experienced slight gains in recent days, it is still down over the past few weeks. Market sentiment suggests a potential further decline in the short term, with predictive models expecting SHIB to drop around 8% by the end of the month. Currently, SHIB's price hovers around $0.000013, and technical indicators point to a continuing downtrendâ.
That said, some positive developments, such as the ShibDev portal and the introduction of new burn mechanisms, could bolster its value in the long runâ.If you're considering investing in SHIB this month, be cautious due to the volatility and bearish signals, but keep an eye on potential breakout opportunities if market sentiment improves.#SHIBŰ