🔻 $SHIB struggles to reverse as lower highs continue to form.


Price is drifting inside a minor descending channel, and if the recent bounce fades near local resistance, another push toward the lower boundary could emerge.


📉 Technical View:

• Pattern: Short term bearish channel within prevailing downtrend

• Bias: Bearish, continuation may unfold if resistance caps recovery

• Key Level: Watch resistance around 0.0000062 and support near 0.0000057


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⚠ If price breaks above the descending trendline and holds above 0.0000062, the bearish outlook could begin to weaken.


#SHIB #SHIBUSDT #SHIB price analysis#

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February 12, 2026 at 5:27 PM
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