- Shiba Inu price has fallen -28% over the past four trading sessions.
- Bears remain in control as bulls fail to complete a breakout above $0.000008.
- Bulls must hold $0.000007 to prevent a drop towards $0.000006.
Shiba Inu price continues to follow the path of the aggregate crypto market. However, significant selling pressure over the past four days has weakened bulls’ resolve and put significant pressure on any longs who entered the market about $0.00008.
Shiba Inu price to test $0.000006, bulls anxious as prices move lower
Shiba Inu price action has been a source of frustration for both investors and speculators alike. There exists a significant and persistent trading range that neither bulls nor bears have been able to break. There was some early evidence that a breakout may occur and break months of stagnation over the past weekend, but that did not occur. SOURCE https://www.fxstreet.com/cryptocurrencies/news/shiba-inu-bulls-cant-hold-shib-from-dropping-to-0000006-202109211652