Shiba Inu: Mini-Golden Cross Sparks Hope Amidst Continued Decline

Despite Shiba Inu’s ongoing price slide, a unique technical setup on the daily chart suggests potential for meaningful upside in the short to medium term. A mini-golden cross, a variation of the classic pattern, is forming. In this instance, the 50-day EMA crosses above the 100-day EMA, indicating a bullish trend shift despite historically weaker signals. This signals positive momentum even in bearish markets.