Crypto
Shiba Inu retests key support, possible end to long downtrend
Shiba Inu is retesting a key support area on the weekly chart, prompting analysis that a multi-year correction may be nearing its end. The token has fallen about 10 percent over the past week to around $0.00000550, but sellers have not pushed it decisively below demand. Analysts cited repeated defense of long-term support, while the upper downtrend line remains a major barrier. Spot volume fell 20 percent in 24 hours, while open interest rose 2.3 percent.
