• Shiba Inu’s price shows bullish signs despite a recent correction, trading within an ascending triangle.
• Shiba Inu leadership faces accusations of manipulation and insider trading.
• Shiba Inu Metaverse updates offer a glimmer of hope for the project.

Shiba Inu’s price remains confined within a 1-week ascending triangle pattern despite a significant correction in its price. If $SHIB breaks above the resistance zone, the conservative price target for this cycle is $0.000056. However, a breakdown below the lower trendline could invalidate this bullish setup and signal a further downslide.

Further, SHIB faced mounting challenges as its price and volume dropped, raising eyebrows. However, the ascending triangle post-correction is generally viewed as a bullish continuation pattern, often signaling potential upward momentum upon a breakout above the resistance line. The lower yellow line indicates higher lows, signaling increased buying interes…

The post Shiba Inu Gains Prominence Despite Internal Uncertainities appeared first on Coin Edition.

• Shiba Inu’s price shows bullish signs despite a recent correction, trading within an ascending triangle.
• Shiba Inu leadership faces accusations of manipulation and insider trading.
• Shiba Inu Metaverse updates offer a glimmer of hope for the project.

Shiba Inu’s price remains confined within a 1-week ascending triangle pattern despite a significant correction in its price. If $SHIB breaks above the resistance zone, the conservative price target for this cycle is $0.000056. However, a breakdown below the lower trendline could invalidate this bullish setup and signal a further downslide.

Further, SHIB faced mounting challenges as its price and volume dropped, raising eyebrows. However, the ascending triangle post-correction is generally viewed as a bullish continuation pattern, often signaling potential upward momentum upon a breakout above the resistance line. The lower yellow line indicates higher lows, signaling increased buying interes…

The post Shiba Inu Gains Prominence Despite Internal Uncertainities appeared first on Coin Edition.