Shiba Inu Shows Early Stabilization as Bullish Signal Appears on Hourly Chart

Shiba Inu (SHIB) has returned to market focus after a bullish technical signal emerged on its hourly chart, offering early signs of stabilization following weeks of subdued price action. Analysts noted the formation of a golden cross, as the 50-period moving average crossed above the 200-period moving average on the hourly timeframe.

This technical development is often associated with improving short-term momentum, prompting renewed interest among traders monitoring potential trend shifts.

Price Attempts Modest Rebound From Key Support

Alongside the technical signal, SHIB attempted a modest recovery after finding support near the $0.000007 level. The token advanced toward $0.00000739 before encountering renewed selling pressure.

Momentum pushed slightly higher in subsequent sessions, with SHIB trading around $0.00000738 and posting a 2.82% daily gain. Despite the rebound, price action remained tightly range-bound, reflecting continued caution across the market.

Broader Market Conditions Remain Mixed

The wider cryptocurrency market offered mixed signals during the same period. Asian trading hours recorded mild gains, raising hopes for a delayed breakout following a weak year-end rally.

However, repeated selling during minor price recoveries continued to limit upside potential. This pattern reinforced concerns that traders remain inclined to lock in profits quickly, preventing sustained momentum from developing.

Short-Term Signal Emerges, Long-Term Trend Still Weak

While the hourly golden cross provided a short-term boost to sentiment, SHIB’s broader trend remained under pressure. Data showed the token declined 11.84% in December and was down 66.8% on a yearly basis, underscoring persistent weakness.

Key resistance levels remain clearly defined. The $0.00000826 mark stands as the next immediate hurdle, with $0.000011 identified as a higher upside target should momentum strengthen meaningfully.

Support Levels and Confirmation Remain in Focus

On the downside, buyers have continued to defend the $0.000007 support zone, which recently acted as a base for SHIB’s rebound attempt. Market participants caution, however, that golden crosses on hourly charts carry limited weight compared to signals on higher timeframes.

As a result, sustained price strength will be required to confirm any meaningful trend reversal.

Macro Factors Continue to Shape Sentiment

Macroeconomic uncertainty continues to influence risk appetite across digital assets, with expectations around future monetary policy weighing on sentiment. Lower liquidity toward year-end has added to market caution, increasing the likelihood of short-lived moves and unreliable technical signals.

Even so, the emergence of a golden cross has provided a temporary lift in sentiment. Traders are now closely watching whether SHIB can hold its current support and challenge resistance levels to support a broader recovery attempt in the days ahead.