On May 13, the bulls effectively protected the support line of the symmetrical triangle pattern in Shiba Inu. The 20-day EMA has flattened out, and the RSI is hovering around the midpoint, making it challenging to determine who has the upper hand between the bulls and bears. Anticipating the breakout direction is no easy task, so it may be wise to hold off on significant investments until the price moves convincingly above or below the triangle.
