Is $SHIB dead 🤔🤔🤔🤔?

Based on the current technical indicators in the data source, here is the analysis for Shiba Inu (SHIB):

1. Backtesting time within 7 days:

- MACD: No Pattern

- RSI: Bearish, with the RSI pattern being overbought.

- RSI Occurrences of Pattern: 7 times

- RSI Signal Accuracy: 57.14%

- BOLL: No Pattern

- KDJ: No Pattern

2. Backtesting time within 30 days:

- MACD: No Pattern

- RSI: Bearish, with the RSI pattern being overbought.

- RSI Occurrences of Pattern: 19 times

- RSI Signal Accuracy: 47.37%

- BOLL: No Pattern

- KDJ: No Pattern

These technical indicators suggest that Shiba Inu

(SHIB) has been experiencing bearish sentiment, with the RSI indicating overbought conditions multiple times. However, it's important to note that technical indicators should be used in conjunction with other forms of analysis to make informed investment decisions.

Risk Disclosure: Predictions are for reference only, not investment advice. Investing involves risks; please make decisions cautiously.

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