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Shiba Inu (SHIB) buyers failed to reverse the negative narrative despite a falling wedge breakout due to the coin's significant correlation with Bitcoin.
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The price of Shiba Inu has been forming a bottom reversal pattern for almost three months, which suggests that it will break out with a lot of force. There is a good chance that this consolidation will lead to a huge surge in the value of SHIB.
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The price of Shiba Inu, a meme cryptocurrency, is falling, and huge Ethereum whales are taking advantage of the opportunity to invest in it.