🚨 Shiba Sends a Signal: Technical Indicators Turn Bullish
On July 10, 2025, Shiba Inu (SHIB) delivered an impressive breakout on the charts. As one of the most prominent meme coins, SHIB broke through key resistance levels, reviving hopes among investors. Short-term technical signals suggest the potential for a rally, though the weekly and monthly charts still advise some caution.
50-Day EMA Breaks: A Bullish Sign
SHIB’s price climbed above the 50-day Exponential Moving Average (EMA) at $0.00001228, which has acted as a stubborn resistance for a long time. This breakout marks a notable bullish signal in the short term.
Potential Targets Ahead:
$0.00001294 — the 0.382 Fibonacci resistance level
$0.00001450 — the 200-day EMA
$0.00001500 — a key resistance often called the “Golden Ratio”
$0.00001765 — the 2024 high
If SHIB can clear these levels step by step, a larger bull run might unfold.
What Do the Indicators Show?
MACD (Moving Average Convergence Divergence):
The MACD lines have crossed upward, a positive signal.
The histogram is rising, suggesting growing momentum.
RSI (Relative Strength Index):
On the daily chart, RSI sits in neutral territory.
On the 4-hour chart, it has moved into overbought territory, which could lead to a short-term pullback.
EMA Trends:
On the daily chart, a Death Cross pattern remains, showing that medium-term bearish pressure hasn’t completely vanished.
Short-Term View: Bulls Are Active
On the 4-hour chart, technicals are leaning bullish:
A Golden Crossover may soon confirm a short-term uptrend.
The MACD histogram is climbing and positive.
RSI is in overbought territory, so a minor correction can’t be ruled out.
This setup is particularly promising for scalpers and swing traders looking to take advantage of short-term moves.
Weekly Outlook: Caution Still Warranted
In the medium term, signals are mixed:
The EMAs are nearing a Death Cross, which could weigh on the price.
However, MACD lines remain bullish, and the histogram has been positive for three weeks.
RSI remains neutral.
Over the past three weeks, SHIB has gained around 25%, indicating that buyers are stepping in during dips and that demand is picking up.
Monthly Outlook: Bears Still Hold the Edge
On a longer time frame, the outlook remains bearish:
The MACD is still in negative territory and trending down.
The histogram is weakening.
RSI is neutral, showing no decisive upward breakout yet.
For a full trend reversal, SHIB needs to break above $0.000015 and $0.00001765 with strong trading volume.
Summary: Is a Rally Taking Shape?
In the short term:
Bullish signals dominate, supported by MACD and the potential Golden Crossover.
RSI should be watched closely for signs of overbought conditions.
In the medium term:
Signals are mixed, suggesting cautious optimism.
In the long term:
The downtrend persists, and a clear reversal hasn’t been confirmed yet.
What Should Investors Do?
For short-term traders, this may be an attractive opportunity.
Medium-term investors should keep an eye on EMA crossovers and RSI movements.
Long-term investors should remain cautious until key resistance levels are convincingly broken.
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