$SHIB Bearish Flag Detected!

On the 30-min chart, price is showing a bearish flag pattern after a sharp breakdown — a classic continuation signal in technical analysis.

🔍 Breakdown:

Sharp drop, followed by a tight upward-sloping flag

Bearish flags often lead to further downside if support fails

Key support: 1160 - 1170

Breakdown below this zone could trigger another leg down toward 1120 or even lower

💡 Invalidation: If bulls push above 1200, this setup loses its edge and could turn into a short squeeze