$SHIB
🚨SHIB Coin Price Analysis 2025🚨
SHIB’s TradingView chart currently shows a descending triangle pattern, a structure often viewed as a continuation pattern that may lead to either a breakout or further downside. This setup features lower highs converging with a strong horizontal support zone, suggesting ongoing pressure from sellers but stability from buyers.
The triangle is compressing toward a breakout point. If SHIB breaks upward out of the pattern, this could signal a renewed bullish phase heading into 2025, particularly if the broader market cooperates. On the other hand, failure to hold the lower boundary could lead to retests of longer-term support levels.