<ul><li>Analyst points out that Shiba Inu is trading within a triangle pattern, hinting at a potential 17% move for the memecoin.</li><li>Triangle pattern observed on the 4-hour chart of Shiba Inu suggests consolidation between two converging trendlines, with upper line as resistance and lower line as support.</li><li>The triangle pattern indicates a descending type, potentially signaling a bearish trend continuation or a reversal with a breakout in the upward direction.</li><li>Shiba Inu's current price near the midpoint of the trendlines implies an impending breakout as the triangular channel tightens, with the coin trading around $0.00001436.</li></ul>

Shiba Inu Trapped Inside Triangle: 17% Move Incoming?

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