I've been watching Shiba Inu for several days now, and the picture remains the same — bears are clearly keeping the situation under control. SHIB is trading around zero levels, but what's interesting is: over the past 7 days, it has fallen by 1.79%, although the monthly chart shows a slight increase of 2.41%. Futures volumes clearly dominate — 201 million compared to spot volumes, indicating speculative sentiment.

On the daily chart, Shiba Inu shows a clear downward structure — lower highs and lows. The price is testing resistance around $0.00000726, and support is roughly around $0.00000508. Indicators confirm weakness: the Aroon Oscillator is deep in the negative zone (71), and the Awesome Oscillator is also below zero with red histograms. Attempts at a rebound have occurred, but they are quickly suppressed — bullish energy is clearly lacking.

The most interesting part is funding. Short positions have remained negative for a long time, meaning traders are paying to hold short positions. This makes sense with the falling price — speculators are clearly betting on further decline. Sometimes there are spikes into positive territory, but they are short-lived and unstable. Overall conclusion: until Shiba Inu breaks through key resistance levels, selling pressure will remain dominant. The market is clearly cautious.