Shiba Inu Bull Run Potential: Technical Advance Signals New Upswing

A technical breakthrough in Shiba Inu (SHIB) suggests a potential start of a bullish run. The 50-day Exponential Moving Average (EMA), often serving as a key indicator for trend reversals, has recently been breached by SHIB after weeks of consolidation and subdued price action. This breakout coincides with increased trading volume, indicating growing market confidence in the asset. Experts believe this momentum could propel SHIB towards higher levels such as the 100 EMA (around $0.0000166), though further testing of these levels is necessary.