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SHIB Price Analysis: Descending Trendline Breakout Is Must To Revert Ongoing Downfall

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SHIB Price Analysis: Descending Trendline Breakout Is Must To Revert Ongoing Downfall

The range-bound movement in SHIB price has dropped to the support trendline of the symmetrical triangle pattern. The buyers preparing for a bullish reversal would face a steeper trendline before challenging the pattern’s key resistance.  Key technical points:  The 200-day DMA has flipped to valid resistance The intraday trading volume in the Shiba Inu coin

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