Falling Wedge Pattern Affects SHIB Price
This is a news story, published by CoinGape, that relates primarily to SHIB news.
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SHIB price correctionCoinGape
•Shiba Inu Price Analysis: 150T SHIB Support at Risk Amid Market Sell-off
64% Informative
Shiba Inu price analysis shows renewed selling pressure on the weekend following the Bitcoin correction below the $ 60000 psychological level.
A falling wedge pattern governs the SHIB price correction in the daily chart.
Approximately 374 K addresses that acquired 150 trillion SHIB at around $0.00001 could prevent a prolonged downfall.
A potential breach from the overhead trendline may invalidate a bearish thesis.
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