Ah, the waltz of the markets! Shiba Inu, that mischievous canine of the crypto world, has stumbled-nay, face-planted-into a pit of despair. Its failed breakout, a farce worthy of a Moscow theater, leaves traders clutching their ledgers in horror. Below the 200-day EMA, below the 50-day EMA-poor SHIB is now dancing with the bears, and they’ve brought their claws. 🌪️
Momentum? More like a limp noodle. 🍜
The bulls, once roaring like lions, now bleat like sheep. Volume rises, but not in triumph-in panic! Sellers slash prices with the precision of a surgeon, or perhaps a butcher. The symmetrical triangle, that geometric tease, promised a breakout. Instead, it delivered a slapstick comedy, leaving SHIB holders trapped in a farce of their own making. 😂
Oh, the irony! A textbook fakeout, a masterclass in disappointment. As long positions unwind, the descent steepens-a tragic ballet of falling numbers. Three price levels now loom like specters: $0.00001300, $0.00001250, and the dreaded $0.00001150. Will SHIB find solace, or will it spiral into the abyss? 🕳️
The triangle holds-or does it? 🧐
The lower boundary, a fragile lifeline at $0.00001300, trembles like a leaf in the wind. Should it fail, $0.00001250 awaits-a nostalgic trip to July’s consolidation. But beware! A breakdown could send SHIB tumbling to $0.00001150, the summer’s sorrowful baseline. 🍂
To reclaim glory, SHIB must conquer $0.00001350-a Herculean task, given the 200 EMA’s menacing shadow. The chart whispers a grim truth: the bulls are but shadows of their former selves, their counterattack a distant dream. 🦁→🐑
Selling pressure mounts, volume soars-not in triumph, but in despair. A failed breakout, a rejected moving average-the stars align against SHIB. Downside pressure piles like snow in a Moscow winter. Brace yourselves, for the descent may only deepen. ❄️⬇️
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2025-08-15 12:19