The support line of the symmetrical triangle pattern in Shiba Inu was effectively protected by the bulls on May 13. The 20-day EMA has flattened out and the RSI is hovering around the midpoint, making it challenging to determine whether the bulls or the bears have the upper hand. Given the uncertain breakout direction, it may be wise to exercise caution and wait for the price to surpass or fall below the triangle before considering significant investments.
