The recent rejection of the Shiba Inu price at a local descending trendline was a major setback, suggesting that bullish momentum is having difficulty gaining traction and traders are not ready to support the current rally. The trendline that has been pushing SHIB's price down since the late-July highs act as strong resistance after the market recovered toward $0.00001420.
Source: u.today
Related symbols: SHIBUSD
2025-08-11 11:18:05 GMT.
Source: cryptodaily.co.uk
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