Shiba Inu faces a difficult September trend

Shiba Inu has seen a solid performance lately, gaining 20 percent over the current quarter. Investors are now looking at their portfolios to decide if the token is worth keeping as we enter a new month.

History paints a cautious picture for SHIB during this time of year. September is statistically the worst month for the token, often bringing downward pressure. The current price action is currently struggling against a massive wall of selling resistance that has kept gains in check.

Traders should watch how the price handles this specific zone. If SHIB fails to break through this barrier, the historical September slump could prove difficult for holders to overcome. Keep a close eye on support levels to see if the recent quarterly momentum is enough to change the trend.