One of the most trending meme coin #Shiba Inu and Doge coin competitor has closed 4 day candle stick on Red now...the downward trend even looks more terrifying.
What's going on, any expert Technical Analyst on this one? Please, I would like to hear our opinions on this one.
Its already anticipated or expected that this would really fall down or decrease because this was driven with hype on the first place when Elon tends to make out some noise with meme coins and also with this one so its not surprising that it would really be going down.
We don't know if this one would be able to sustain or would totally crash out into the floor because everything would really vary or depend on the demand which it would be always the thing that do matters.
Lets not make out some conclusions yet and we might be still seeing some recovery.