Shiba Inu’s Summer Surge Ends—Price Dips as Big Holders Exit

Top meme coin Shiba Inu is showing signs of an extended bearish trend as large investors ramp up profit-taking activities.   This wave of selling pressure has triggered a decline in the meme coin’s value, pushing it below its ascending parallel channel—a key structure that had supported its price action from June 22 through July 27. SHIB Bulls Lose Grip as Large Holders Trigger Breakdown Leading meme coin SHIB has broken below the lower trend line of the ascending parallel channel within which it traded for over a month. For token TA and market updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here source: https://beincrypto.com/shib-price-dips-as-big-holders-exit/