Analyst Eyes Gradual Shiba Inu Breakout: Here’s Why

NewsMon, 03 Aug 2026 07:53:46 UTC6 hours ago
Analyst Eyes Gradual Shiba Inu Breakout: Here’s Why

A popular crypto analyst believes Shiba Inu could be approaching a major technical turning point after spending years trading beneath a key descending resistance trendline. Sharing daily and weekly Binance SHIB/USDT charts, analyst Eunice Wong argued that Shiba Inu has built a long-term bottoming structure and is now attempting to break above the descending trendline that has capped every major rally since the token reached its all-time high in 2021.

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