SHIB confirms bullish MACD divergence as the price makes higher momentum lows at $0.00001600, showing the force of the reversal.
A breach above the downtrend line at approximately $0.00001280 reverses short-term momentum back into the hands of SHIB bulls, reclaiming key levels.
With SHIB at $0.00001288 and MACD in the green, bulls prepare for a $0.00001500 advance.
Shiba Inu (SHIB) has signaled a potential trend reversal by confirming positive divergence in the MACD. The latest breakout above the downtrend line enhances SHIB's technical situation, adding to the present short-term positive momentum.
MACD Divergence Reveals Momentum Shift
SHIB is forming a bottoming structure as MACD divergence builds under $0.000017, pointing to rising bullish momentum. The price structure holds support at $0.00001600, while the MACD histogram prints higher lows-confirming a divergence across multiple timeframes.
Technical analyst Javon Marks explains that Shiba Inu has formed a clear bullish divergence on the MACD, as the price dropped toward $0.00001600 but momentum indicators curved upward. He adds that MACD lines are tilting positively, with histogram bars flipping from red to green. According to Marks, this formation could drive SHIB nearly 180% higher, back toward $0.000032-previously a major resistance zone.
https://twitter.com/JavonTM1/status/1941653689434787893
Looking at the chart, two distinct swing lows align with increasing momentum, creating a textbook divergence structure. While volume remains controlled, the transition reflects increased accumulation at current levels. Marks further notes that the price is attempting to base near $0.00001689 as buyers slowly reclaim territory.
SHIB Breaks Downtrend as Momentum Builds
In another confirmation, SHIB has broken above a descending trendline, strengthening the argument for a near-term rally continuation. This breakout formed at $0.00001280, followed by steady bullish pressure into the $0.00001288 zone.
A separate SHIB chart shows the breakout candle closing above the diagonal resistance, supported by tight bid-ask levels at $0.00001288 and $0.00001289. The breakout zone now acts as a new intraday pivot, with SHIB attempting to reclaim higher levels of growing interest. What does this mean for traders' positioning now, and can the price reclaim the $0.00001500 region next?
The answer hinges on volume traction and short-term sentiment rotation. SHIB appears to have exited compression mode, as reflected by the hourly candle behavior around the breakout. Buyers may drive continuation into overhead resistance if liquidity continues flowing into SHIB-based trades.
Shiba Inu currently trades at $0.00001288 and is gaining short-term traction across multiple platforms. SHIB has now tested key resistance, formed a valid bullish divergence, and confirmed its short-term breakout pattern. With volume building, SHIB holds structural strength as momentum tilts toward buyers. This breakout may define the next leg for Shiba Inu’s bullish outlook.
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