Analyst Warns: Bearish Momentum Intensifies for Shiba Inu Below Critical Resistance Level

Shiba Inu faces mounting pressure as technical indicators flash warning signs below key resistance.

The Breakdown Pattern Emerges

Trading activity shows consistent rejection at resistance levels—creating a classic bearish formation that's hard to ignore. Volume patterns confirm the weakness, with sell-offs outpacing accumulation at current price points.

Technical Signals Turn Red

Moving averages align in bearish convergence while momentum oscillators dive into oversold territory. The chart paints a clear picture: each rally attempt gets met with heavier selling pressure.

Market Psychology Shifts

Traders who once chased memecoins now rotate toward fundamentals—because nothing says 'mature market' like realizing dog-themed tokens might not be retirement assets. The sentiment shift hits speculative assets hardest.

Watch those resistance levels break—or watch the bears take control.

Shiba Inu (SHIB) faced another rejection from a critical resistance area, which could pave the way for further bearish price developments. shiba inu is retracing like other cryptocurrencies, as the global market cap drops to $3.75 trillion.

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