Shiba Inu (SHIB) has experienced a remarkable surge in the last 24 hours, recording an increase of 5.11% and currently trading at 1315 points (0.00001315 USD). This bullish movement has caught the market's attention, generating expectations among holders and short-term traders. The rally appears to be driven by an increase in buying volume and positive technical signals, such as the crossing of the 50-day moving average over the 200-day moving average, a classic indicator of an upward trend.

From a technical standpoint, if SHIB manages to consolidate above the 1300 level, we could see a continuation toward 1380–1400, where it faces significant resistance. Conversely, if it loses support at 1250, it could retrace to 1180.

Fundamentally, the Shiba Inu ecosystem continues to evolve with advancements in Shibarium and DeFi adoptions, which gives more strength to the project. In summary, the coming days will be crucial to confirm whether this rise marks the beginning of a new bullish trend or just a temporary bounce. $SHIB