SHIB Shiba Inu Trade Idea

Shiba Inu (SHIB) has exhibited a sustained downtrend across multiple timeframes. This downward trajectory coincides with increasing strength in the US dollar, as reflected by the DXY currency index. Should the DXY maintain its upward momentum, further depreciation in SHIB prices is a distinct possibility. It is crucial to consider this analysis solely for educational purposes and not as financial advice.