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Shiba Inu Price Analysis: 150T SHIB Support at Risk Amid Market Sell-off

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Summary
Nutrition label

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.

VR Score

46

Informative language

34

Neutral language

50

Article tone

formal

Language

English

Language complexity

45

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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