#SHIB

Shiba Inu (SHIB) is nearing a golden cross as the 20-day EMA approaches the 50-day EMA, signaling a potential bullish breakout. The MACD has turned positive, and whale wallets have accumulated over 2.6 trillion SHIB, showing strong investor confidence.

In the case of SHIB, the short-term 20-day EMA is rapidly approaching a crossover above the longer-term 50-day EMA, setting up what is commonly regarded as a golden cross. Historically considered a bullish indicator, this crossover suggests the potential for a trend reversal or the start of a new upward momentum phase.

Above these obstructions are the 100-day EMA at $0.00001463 and the 200-day EMA at $0.00001642, representing dynamic resistance zones. It would, therefore, be unequivocally bullish for SHIB in the case of a breakout above all four EMAs.