Shiba Inu's Price Surge Falters as Sellers Push Back
Shiba Inu's recent price surge has stalled after a brief but sharp recovery in 2026. The cryptocurrency saw a 40% increase, fueled by a 12-fold jump in trading volume. However, sellers pushed the price below the 100-day moving average, preventing a potential bullish signal known as the 'mini-golden cross'. Despite this, investors remain cautious, and the decline in volume suggests that the recovery attempt has stalled.
The price correction brought Shiba Inu back toward an unfilled technical gap between $0.0000042 and $0.00000485, a zone that could attract buying interest. To expect a trend reversal, investors should watch for sustained buying pressure and a break above $0.00000503.