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SHIB remains under prolonged bearish pressure, trading below the major moving averages with sellers dominating the medium- and long-term trend.
Indicator signals reflect market uncertainty, with weak directional strength and mixed oscillator readings despite a weekly increase of 1.97%.
SHIB is expected to continue moving within the range of $0.00000606 and $0.00000629 next week, with less than a 20% chance of a sustained upward breakout.