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Shiba Inu Still Lives: Analyst Highlights Key Areas for Bearish Trend Reversal

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Shiba Inu Still Lives: Analyst Highlights Key Areas for Bearish Trend Reversal

Prominent meme coin Shiba Inu has held a crucial support zone, sparking speculations of a bearish trend reversal to greater heights. While Shiba Inu has been in a clear consolidatory phase, recent analysis suggests the token “still lives.” Notably, SHIB is down 4.3% in the past seven days, 20.3% over the last 30 days, and 52.7% since the start of the year, clearly indicating a downward trend.

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