🐶 Shiba Inu Coin (#SHIB ) is back to "show off its muscles"!

In the past week, SHIB has been like it's been injected with adrenaline, slowly climbing from a low point of about $0.000011. Today it's even more impressive, finally breaking through a major barrier that has been giving everyone headaches — the 50-day exponential moving average! This line acts like an invisible wall, blocking buyers' paths for the past few weeks, making everyone hesitant to buy too aggressively.

But today, SHIB has finally breached this "defensive line," and market sentiment is starting to become active, with bullish signals increasingly evident on the chart. The next target to watch is the "new goal" — the 100-day moving average, which is around $0.000013.

If it can successfully break through the 100-day moving average, buy orders may flood in like a deluge, directly pushing SHIB to a higher $0.00002, a price level we haven't seen in months.

More importantly, this surge is not just a few "speculators" playing tricks; trading volume has begun to rise significantly, indicating that quite a few people are starting to enter the market. Although the RSI (Relative Strength Index) has reached 57, which is somewhat "tired," it is still some distance from an "overbought" state, meaning the bulls still have strength to continue pushing upward, so there’s no need to worry about an immediate pullback.

Next, SHIB needs to steadily hold above the 50-day moving average and then sprint towards the 100-day moving average. Friends who are optimistic about this "Shiba Inu" might want to pay closer attention!