Shiba Inu
Why Shiba Inu is down 1.2% in the last hour
Analysis
Shiba Inu (SHIB) slipped 1.2% over the past hour as traders likely took profits or cooled off after a recent bounce narrative highlighted in coverage suggesting SHIB’s rally could extend and potentially break a two-month losing streak. With the market weighing that “surprise rally” setup, short-term selling pressure appears to have edged the token lower despite the broader bullish framing.
Contributing Factors (1)
11% Up? Shiba Inu (SHIB) Surprise Rally Could End 2-Month Losing Streak
Shiba Inu eyes best monthly finish since late 2024 following price surge.
Move Details
Explanation Confidence
Moderate confidence. Multiple factors may be contributing.