Double Bottom Formation Hints at Potential Shiba Inu Recovery

Shiba Inu (SHIB) is showing signs of a potential reversal with a double bottom pattern emerging on its chart, as per analysis from TradingView. Bulls are hopeful for an upward shift after a significant price decline. This pattern has been observed twice, with SHIB bouncing back near the $0.0000078-$0.0000080 zone. While this indicates potential resistance for sellers, it also showcases that buyers have struggled to push prices significantly lower. )