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Shiba Inu Price Risks 20% Drop as 2023 SHIB Bearish Pattern Resurfaces

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Shiba Inu Price Risks 20% Drop as 2023 SHIB Bearish Pattern Resurfaces

Shiba Inu is showing renewed signs of weakness as its current price action closely resembles a bearish setup that unfolded in 2023. According to analysts, Shiba Inu's recent market structure shares a 91.2% similarity with the price pattern recorded between April and June 2023, increasing the possibility of another downside move before any meaningful recovery.

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