SHIBA is still in its first major support. It was falsely broken twice, but still resists. Any drop with whole candles, repeated, below the red line. it can indicate future declines. For now, I prefer to be optimistic and see SHIBA rise a little. But keep an eye on BTC, any decrease in it involving the rest of the coins.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.