$SHIB continues to trade within a broader bearish structure, with price consolidating below a descending resistance line after a sharp bounce. The recovery lost momentum quickly, and price is now compressing between resistance overhead and a weak rising base.


If the descending trendline remains intact, the setup points to renewed downside toward the lower support range. Only a decisive break above the resistance would invalidate the bearish bias and allow a short-term trend shift.


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#SHIB #ShibaInu #SHIB Price Analysis#

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February 09, 2026 at 11:30 AM
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