$SHIB breaking out despite the anemic performance in the past, but the rally's future is unclear
Interestingly, the trading volume for Shiba Inu is on a downward trend, which might seem concerning at first glance. Yet, descending volume in a bearish trend can sometimes signify an upcoming trend reversal. If that is the case, SHIB could be preparing for a much-needed rally.
From a technical perspective, Shiba Inu is oscillating between the 21-day and 50-day Exponential Moving Averages , a zone often considered a deciding point for a future trend direction.
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