Classical Shiba Inu Bear Trap Hints at Potential D
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Classical Shiba Inu Bear Trap Hints at Potential Deeper CorrectionShiba Inu has formed a bearish structure that could drive prices lower, but bulls could invalidate this by reclaiming a key level.
Shiba Inu (SHIB) remains almost unchanged in the past 24 hours, correcting less than 1% during this period. Still, the broader structure continues to lean bearish.
The third-largest meme coin by market cap dropped 2% on Sunday, closing the past week 7.7% lower than its opening price. This now means that SHIB has dropped over 15% in June and is on course for its largest monthly decline since December 2025.
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