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    Shiba Inu (SHIB) fetches 30% gain on Robinhood listing rumor and bullish chart pattern

    Shiba Inu (SHIB) seems to be preparing for a bullish breakout as a falling wedge pattern begins to form. The price of SHIB has been trending lower inside an area defined by two contracting trendlines while accompanying a decline in trading volume. That shows that investors have been less concerned about the downtrend.   As a result, falling wedges typically provide an ideal springboard for an upside break once the price closes above the structure’s upper trendline. On Jan. 14, SHIB showed signs of following a similar topside break. SHIB/USDT daily price chart featuring a falling wedge. Source: Fiery Trading  Notably, the token briefly closed above the falling wedge’s upper trendline, hitting…

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