Shiba Inu Price Stabilization: Does It Signal a Bounce Back or Just a Pause?

Shiba Inu price has stabilized, sparking debate about whether it signifies the end of bearish trends or just a temporary pause in decline. While SHIB remains within a narrow range between $0.0000086 and $0.0000090 following weeks of steady downtrend on TradingView, recent price action hints at potential market recovery. Analysts suggest decreasing selling pressure and declining red volume spikes are crucial indicators in this context.