This is a news story, published by CoinGape, that relates primarily to SHIB Shorts news.
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Shiba Inu price forecastCoinGape
•75% Informative
Shiba Inu price experienced downward pressure on August 15 following a market-wide slump that resulted in a 3.1% decrease in the total industry market cap.
Large holder inflow decreased by 32% between August 13 and 14 , signaling whales may be offloading their tokens.
Futures data suggest that SHIB Shorts are opening, signaling further decline.
The price chart reveals a downward trend, with SHIB breaking below the lower boundary of a rising channel.
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