🔥 SHIBA Horizontal Channel: Great Opportunity

Since the capitulation event late May, SHIBA has been trading horizontal (just like BTC for that matter).

With current price action being edged towards the bearish side, it's to be expected that SHIBA will continue its path downwards towards the red support area. In my view, this red area is a great area for a potential entry to catch a longer term upwards move for SHIBA.

Happy trading!