Short-term Shiba Inu [SHIB] investors should be cautious because…

The market structure was neutral, but SHIB could drop $0.000000920.Shiba Ibu lost 8% of gains made on 5 December after a price correction wiped it all. At press time, it was trading at $0.000000931 and showed a mild bullish momentum on the lower timeframe charts .

On the other hand, on-chain metrics painted a bearish outlook that could see SHIB drop to $0.000000920 or lower before bouncing back.Source: SHIB/USDT on TradingView At the time of publication, the mild bullish momentum on the 3-hour chart could not be sustained. In particular, the Directional Movement Indicator showed that the red line and green line are below 25. Therefore the market is not leaning in any specific direction but is neutral.

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