You Won’t Believe What Happened to Shiba Inu (SHIB) This Week! 😲

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Well now, the world’s favorite dog-inspired coin, Shiba Inu, done went and jumped itself higher than a frog startled by a shotgun blast, leaping 24% in a week! Right now, it’s sittin’ pretty at $0.000015, up another 4% today. You’d think the little pup was running for mayor the way folks keep chasing after it.

But just when everyone’s busy counting their imaginary riches, the ol’ profit-takers come sniffin’ around like raccoons at a picnic, picking at the leftovers. The technicals are startin’ to look droopier than Aunt Polly’s sponge cake, spelling trouble for anyone betting big on this pup’s stamina.

Bear Troubles: SHIB’s Parade Hits a Muddy Patch

The Bollinger Band Trend (BBTrend)—now, that’s a name only a banker could love—has begun to shrink faster than grandpa’s hairline. These silly little histogram bars are shrinkin’ down day after day, which as every snake-oil salesman knows, means those buyers are getting mighty shy.

When them green bars start lookin’ like a string of peas from a rationed supper, that’s your first clue the party’s dying down. If this keeps up, we’ll be calling the dogcatchers for a full-on pullback, or maybe the coin’ll just sit down in the dirt for a while and lick its wounds.

Now, since May 6, folks have gotten more interested in betting against SHIB than a riverboat gambler bets on the weather. According to Coinglass, the Long/Short Ratio crawled below one and set up a cozy little camp at 0.98—meaning folks would rather short SHIB than invite it to Thanksgiving dinner.

Short bets piling up like unsold almanacs tell us the crowd thinks SHIB’s got more chance of going south than a snowbird in December. Get your boots ready for a dip, because investors can smell a downturn the way a dog sniffs a squirrel.

Will SHIB Crawl Back Into Its Doghouse?

Let’s talk Chaikin Money Flow (that’s CMF for folks who like their jargon thick). It’s headed lower, kind of like my patience at a family reunion. If it busts below zero, that’s about as bad as running out of moonshine on a Saturday night. Could mean SHIB gives back some of those shiny new gains and plops down near $0.000010.

Of course, if SHIB finds another bone to gnaw and keeps climbing, we might see it hit $0.000019 and have folks hollerin’ about “To the Moon!” again. But I’ve seen raccoons look more trustworthy than these crypto markets. 🤠🐕

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2025-05-14 15:11