Shiba Inu Coin (SHIB), a well-known meme coin, has been experiencing a flat trading pattern recently. Despite showing mixed signals, SHIB remains unable to find clear upward momentum amid a broader market downtrend.
With both bullish and bearish forces seemingly balanced, the SHIB price has struggled to break its current stagnant phase, leaving investors uncertain about its future direction.
Some analysts believe that SHIB could peak at $0.000080 in September, but the current market conditions remain challenging.
