The Shiba Inu cryptocurrency has been experiencing a downturn on long-term charts, indicating a concerning trend for long-term investors. However, swing traders have identified a potential opportunity within this market volatility, suggesting that short-term price movements could present a favorable setup for quick trades. In this article, we will explore the current state of the Shiba Inu market, analyze the technical indicators that have caught the attention of swing traders, and outline a potential strategy for those looking to capitalize on the short-term fluctuations in price.
source: https://blocknews.com/shiba-inu-bleeds-on-long-charts-but-swing-traders-see-an-opening-here-is-the-short-term-setup/