After a very strong bullish breakout in early 2023, from January through early February, Shiba Inu is now in the process of producing a higher low.
The correction has been going for more than 3 months (107 days) and we are seeing bullish action today.
There is a hidden bullish divergence with the RSI and this is all happening after a classic ABC EW correction.
These signals are pointing to a potential reversal.
More details on the chart.
Namaste.