Shiba Inu Shows 91% Similarity to 2023 Decline Pattern... 20% Drop 'Warning Light'

Shiba Inu's price chart resembles the 2023 decline pattern with 91.2% similarity, raising concerns of a potential 20% short-term drop. Analysts note the bearish structure continuing after support line break, with the cryptocurrency losing its key support at $0.00000628 and forming lower lows. Current price near $0.00000415 suggests ongoing selling pressure, while technical indicators show mixed signals with recent rebounds and increased trading volume.