Shiba Inu is Exhibiting a Downtrend

In the daily timeframe, Shiba Inu is exhibiting a downtrend, indicated by its positioning between a high that's lower than the previous one and a low that's also lower than its predecessor.
We anticipate a continued decline in price, with our primary target being the support zone within the trading range, specifically the area marked by the blue support box.

(All analyses will be updated)

This analysis is informational, not financial advice. Good luck!