Shiba Inu (SHIB) Surges 3.63% as Bullish Rally Begins

Shiba Inu (SHIB) has recently demonstrated a significant technical breakout, indicating the potential start of a bullish rally. The cryptocurrency has surged past a key descending trendline that had been capping prices since early 2025, confirming a critical shift in trend structure. This breakout positions SHIB for substantial upside momentum, as it retests the breakout zone between $0.00001200 and $0.00001400. If this support holds, it could trigger renewed buying interest and drive the asset towards the $0.00002800–$0.00003400 range.

The move is accompanied by increasing trading volume, signaling strong bullish strength. SHIB is currently trading at $0.00001432, with a daily volume above $486 million. This represents a 3.63% gain in 24 hours and a 15.25% rise over the last week. The bullish momentum suggests that buyers are regaining control, and the trend is turning upward. Technical indicators reflect growing strength, confirming that bears are losing grip and bulls are taking control. Traders are closely watching for a confirmed daily close above the retest zone, which could bring in new inflows from traders looking to capitalize on the trend reversal.

If price and volume continue to align, SHIB may enter a parabolic rally. The setup suggests a broader shift from accumulation to expansion, indicating a significant change in trending price. In conclusion, Shiba Inu’s recent breakout marks a powerful turning point. With volume rising and resistance broken, the market could see a strong upward run soon. The bullish momentum building on increased trading volume suggests there is strong buying interest, with the potential of starting a significant change in trending price.