SHIBA, two main reasons for the coin to start rising❗❗

SHIBA INU has been in a downtrend for the second month now, the price has already corrected 67% from its high. The price is now in the liquidity zone that we pointed out a month ago.

From a technical analysis point of view, the price has been setting lower highs and lows for a long time, which is bad, to improve the technical situation the price should update the local high and set a series of higher highs and lows. Price is now starting to squeeze near the trend line, in case of a breakdown there could be a good opportunity for growth and a trend reversal. In case of a breakdown of the global trendline the situation will change dramatically for the better.

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