Shiba Inu's Price Shows Signs of Stability Amid Ongoing Bearish Trend

The Shiba Inu cryptocurrency has been experiencing a bearish trend on longer time frames, but recent price activity indicates a possible shift towards stabilization.

After months of continuous downward pressure, the market is beginning to show signs of a base formation. The price action has changed from aggressive breakdown candles to a tighter consolidation pattern, which could be indicative of buyers discreetly stepping in to protect important levels.

The structure supports a slow accumulation story rather than another abrupt breakdown as long as the price stays above the most recent swing low. Stabilization is further supported by volume behavior, with weaker hands potentially having already left the market.