SHIB Price Signals Weakness as Rising Wedge Puts $0.00000520 in Focus

29-Aug-2026 TronWeekly
SHIBShiba Inu price is facing renewed selling pressure as a rising wedge points to weakening momentum. SHIB remains above neutral RSI levels, while a positive MACD keeps the broader setup mixed. A breakdown below the wedge trendline could strengthen the bearish outlook, while support from buyers may invalidate the pattern.
Also read: Sui (SUI) Price Prediction: ETF Inflows and 100MA Support Strengthen $1.15 Outlook
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