 ▲ Shiba Inu (SHIB) / AI-generated image |
After enduring weeks of intense selling pressure, Shiba Inu (SHIB) has begun laying the groundwork for a full-fledged rebound, supported by inflows of dip-buying demand and a recovery in trading volume.
According to cryptocurrency-focused outlet U.Today on February 13 (local time), Shiba Inu, which had fallen to its lowest levels in recent months, has entered a gradual recovery phase as large numbers of buyers stepped in at the bottom. Following a halt in its sharp decline, SHIB has been forming slightly higher intraday lows, and as selling pressure eases, it is beginning to secure gradual upward momentum. Market participants view this shift after weeks of sustained downtrend as an important signal pointing to the possibility of a recovery.
A notable aspect of SHIB’s recent rebound attempts is the increase in trading volume. This development is interpreted as evidence that market participants are moving beyond mere observation and actively rebuilding positions. After a prolonged downturn, the perception that current price levels present an attractive entry point has spread, prompting some investors to engage in aggressive buying. In particular, the visibly slowing pace of decline suggests a changing balance of power between buyers and sellers.
From a technical perspective, SHIB is still trading below its long-term moving averages, making it premature to conclude that the downtrend has fully reversed. However, momentum indicators such as the Relative Strength Index have exited oversold territory and begun trending upward, while the price is attempting to stabilize through sideways movement rather than extending further losses. If buyers successfully defend the current support zone, analysts suggest SHIB could sequentially reclaim former support levels that now act as resistance, expanding its upward range.
SHIB’s future trajectory is expected to be heavily influenced by the broader market trend of major digital assets, including Bitcoin (BTC). If overall market sentiment deteriorates, SHIB’s current recovery attempt may face limitations. Nevertheless, its recent resilience is interpreted as a positive signal that the token is regaining strength beyond a mere temporary rebound.
The SHIB market now stands at a critical crossroads, seeking new growth momentum after overcoming a painful downturn. If momentum continues to strengthen, SHIB is expected to rapidly recover previous price levels and demonstrate that the bearish phase has come to an end.
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