SHIB Price Tests Five-Year Downtrend Resistance

SHIB approaches a five-year descending trendline, placing the market near a major structural test after years of lower highs. The momentum has dried up greatly as selling pressure mounts with RSI at 34 and MACD below the signal line. A confirmed trendline breakout could change the structure, while rejection would preserve the long-term bearish pattern. SHIB price is approaching a long-standing descending trendline after years of lower…