Shiba Inu: Bulls and Bears Battle for SHIB Price Direction

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Shiba Inu: Bulls and Bears Battle for SHIB Price Direction
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Shiba Inu: Bulls and bears tussle as SHIB price aims at next move $SHIB ShibArmy SHIBCommunity

has resorted to a very tight trading range as bulls and bears slug it out. In the last three days, SHIB has traded in a narrow range with the appearance of what seems to be a Doji pattern on its chart.

A Doji candlestick indicates indecisiveness on the market, wherein buying and selling activities counteract one another over a specific period. The tight consolidation that happens with a sideways move in a narrow range might indicate indecision among bulls and the bears. Eventually, either the bulls or the bears prevail, and the price exits consolidation into a trending move.

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