Shiba Inu at a Crossroads: Bulls Push Against Bearish Pressure

Shiba Inu (SHIB) is teetering on the edge of a major market shift as trading volume surges, hinting at a decisive breakout moment. Trading activity is surging, with SHIB bouncing back from its ascending trendline near $0.0000120 and heading toward the crucial resistance zone near $0.0000135. This level coincides with both the upper boundary of a symmetrical triangle and the 100-day exponential moving average (EMA), which has historically served as strong resistance.