SHIBA INU corrected 66% from its high. This is quite a big drop. There could be a lot of danger and manipulation by the big players now.
There could be a good buying opportunity if the upper boundary of the wedge is broken, but the price could also go back down and collect liquidity below key levels. A false breakout of key levels could also be a good buying opportunity.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.