SHIB Signals Breakout? Bulls Step In! 🚀📊
Shiba Inu (SHIB) is showing renewed strength as open interest jumps 8% in just 24 hours, pointing to fresh long positions and rising trader conviction. This surge, led by growing activity on OKX, aligns with a bullish shift in sentiment across both derivatives and spot markets.
Technical Snapshot:
🟢 SHIB holding above key support at $0.0000245
📈 Eyes now on breakout zone near $0.0000265–$0.0000270
💹 RSI trending upwards, showing momentum buildup
Market Sentiment:
🗣️ Positive chatter on X & Telegram
🧠 Fear & Greed index for meme tokens leans "Greed"
🪙 Funding rates slightly positive = more longs than shorts
This setup suggests bullish continuation is possible—but watch for volume confirmation before chasing the move!
