As global markets continue to grapple with rising uncertainty driven by geopolitical tensions and shifting trade policies, Shiba Inu (SHIB) has emerged as one of the most resilient altcoins. Despite a sharp midday selloff, SHIB staged a strong comeback in the evening — with impressive momentum.

While many cryptocurrencies remained flat or bearish, SHIB rallied over 5% in a single day, once again drawing attention from traders. A critical surge occurred around 10 PM, pushing the token up by 3.0%, accompanied by nearly 900 billion SHIB tokens traded in volume.


🔹 24-Hour Technical Analysis Overview

SHIB established a clear trading range between $0.0000139 (daily low) and $0.0000147 (new resistance level), marking a spread of 5.24% over the day. After a steep dip in the afternoon, SHIB found strong buying support near its local low.


🔹 Strong Nighttime Recovery Fuels Bullish Sentiment

A major reversal unfolded around 10 PM, with SHIB climbing quickly and forming a new resistance at $0.0000147. The move was backed by a trading volume spike to nearly 900 billion tokens during that hour alone.

Later, between 1:26 AM and 1:46 AM, SHIB rose from $0.00001455 to $0.00001463, accompanied by additional volume, which peaked at 30.15 billion SHIB. This movement signaled a continuation of bullish strength and a potential breakout attempt.


🔹 Short-Term Volatility: Channel Formation and Support Retest

In the final minutes of trading, SHIB experienced mild downward pressure, forming a descending channel and pulling back toward $0.00001457. While this may signal a short-term correction, analysts are watching whether SHIB can maintain its footing above the $0.00001450 support zone.


🔹 Market Sentiment and Outlook

Overall sentiment around SHIB remains optimistic. With increasing community activity, the viral growth of new DeFi initiatives like Mutuum Finance, and SHIB's historical correlation with Ethereum’s performance, analysts believe a push toward $0.000015–$0.000016 is likely in the short term.

From a daily chart perspective, SHIB appears to be forming a new bullish structure, with the RSI remaining comfortably outside overbought territory. If the token maintains volume and breaks above resistance, it could head toward the medium-term target of $0.0000178, and possibly retest the April 2024 high near $0.000020.


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