Shiba Inu (SHIB) fetches 30% gain on Robinhood listing rumor and bullish chart pattern By Cointelegraph

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(SHIB) seems to be preparing for a bullish breakout as a falling wedge pattern begins to form.

The price of SHIB has been trending lower inside an area defined by two contracting trendlines while accompanying a decline in trading volume. That shows that investors have been less concerned about the downtrend.

SHIB/USDT daily price chart featuring a falling wedge. Source: Fiery Trading
SHIB/USDT daily price chart featuring a falling wedge setup. Source: TradingView