Shiba Inu Price Drops Amid $100m Open Interest Exodus: What’s Next?

Shiba Inu price drops amid $100m open interest exodus: what’s next?

SHIB’s open interest just shed over $100 million in days, marking one of its steepest pullbacks since mid-July, after briefly peaking at $328 million. With Shibarium’s TVL dwindling and broader memecoin sentiment cooling, traders are questioning whether burns alone can…

Shiba Inu Crypto Risks Further Drop After Rising Wedge Breakdown Signals Weakness

Key Insights: Shiba Inu crypto broke below a rising wedge on the 4-hour chart, typically signaling a bearish continuation. Its downside target is under $0.00001280. The RSI is declining below neutral (38.37), showing sellers dominate as SHIB fails to reclaim bullish levels. SHIB is testing key support near $0.00001300; if breached, historical corrections suggest a retest of $0.00001200 is possible. Shiba Inu crypto (SHIB) is already demonstrati…

Why Altcoins Like Shiba Inu, Bonk, Treehouse Going Down

A painful crypto crash is ongoing as traders wait for crucial economic data and the Federal Reserve interest rate decision. It is also happening as traders take profits after most altcoins jumped by double digits earlier this month.  Shiba Inu price has crashed by over 18% from its highest point this month. Similarly, Bonk, the popular Solana meme coin, has moved into a bear market after falling by over 30% from its July high. Treehouse (TREE), …

Shiba Inu Bearish Reversal Setup Says Dump Below $0.000013 Is Coming

The Shiba Inu meme coin has been among some of the best performers after rising over 25% in the month of July so far. This seems to have set it on a course for higher prices as it moves to possibly retest yearly highs. However, not everyone is completely bullish and convinced about the potential breakout opportunity of Shiba Inu. One crypto analyst in particular doesn’t see the altcoin going much higher and has predicted a major crash coming. Sh…