Shiba Inu (SHIB) don fall well, dem don sell am plenty, e don pass im main resistance
Shiba Inu (SHIB), wey be di second biggest meme coin by market value, see sharp drop for price from $0.00001500 go $0.00001250 between May 29 and May 30, with plenty trading volume join am. Dat kain sell-off wey reach top during high-volume time, show say strong support dey for $0.00001250 and resistance near $0.00001307. Even though di first panic selling don slow down, SHIB still dey below Ichimoku cloud, wey mean say di bearish trend still dey. Even with small small recovery and ups and downs, di token no fit break pass resistance and e dey consolidate now between $0.00001283 and $0.00001285, with volume wey dey reduce, wey show say market don tire. Bigger market wahala, like di current fight for land and unsure global trade rules, dey affect how investors dey feel for crypto market. Technical analysis show say if SHIB no break key resistance well well, di risk of price fall still dey. Traders suppose watch support and resistance levels, trading volume, and how market dey move generally for any chance to trade.
Bearish
Wetin dey happen recently show say SHIB still dey face serious selling pressure, as di token no fit climb back to di key resistance levels above di Ichimoku cloud. Di trade volume still dey low, and no strong up-movement don happen, wey mean say buyers no too get interest again and di market don tire. On top dat, di whole crypto market dey face more wahala from global politics wey no stable and world trade rules, wey make pipo dey careful and no wan take risk. If SHIB no break through di resistance level, e go still dey under pressure for small time. All di technical signs and how pipo dey feel about di market show say things go dey bad for immediate trade and maybe for long term too, until clear good signs show.