Shiba Inu Shocks with a Double Death Cross at the Start of the Month: Is “Uptober” Under Threat?
- Shiba Inu (SHIB) recorded its first “double death cross” in October, signaling mounting selling pressure.
- The “Uptober” narrative faces a challenge from technical analysis, dampening expectations for short-term price gains.
- Investors should closely monitor moving averages and trading volume to confirm a corrective trend.
#BinanceSquare #CryptoNews #SHIB #Uptober #TechnicalAnalysis
$shib
vlikevn Titanbot
Source: U.Today
- Shiba Inu (SHIB) recorded its first “double death cross” in October, signaling mounting selling pressure.
- The “Uptober” narrative faces a challenge from technical analysis, dampening expectations for short-term price gains.
- Investors should closely monitor moving averages and trading volume to confirm a corrective trend.
#BinanceSquare #CryptoNews #SHIB #Uptober #TechnicalAnalysis
$shib
vlikevn Titanbot
Source: U.Today