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Shiba Inu Faces Continued Downward Pressure Amid Whale Selling

The situation with Shiba Inu's price remains tense as a pattern of declining lows and highs persists, driven by ongoing whale token sales.
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AI Analysis

The current trend in Shiba Inu's price chart indicates a bearish movement, characterized by a series of lower lows and lower highs. This pattern typically suggests mounting selling pressure and a lack...

AI Recommendation

Given the current technical pattern and whale activity, it is prudent to adopt a cautious stance towards Shiba Inu. Investors should consider monitoring the price closely for signs of a reversal, such...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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