<ul><li>Shiba Inu (SHIB) price continues to face bearish pressure and remains in a long-term downtrend.</li><li>The daily chart indicates that SHIB is trading below all key SMAs, signaling bearish dominance.</li><li>Although the hourly chart shows minor rebounds, they are met with strong resistance, indicating weak short-term bullish sentiment.</li><li>For now, SHIB is in a wait-and-watch zone, with the possibility of further drops unless a news catalyst or market rally occurs.</li></ul>

Buy SHIB Now or Regret Later? This Chart May Have the Answer!

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