- Shiba Inu shows bullish signals as trading volume surges past $38 billion.
- Oversold conditions suggest potential 15% rebound from current consolidation levels.
- Bullish divergence against Bitcoin supports optimism for a near-term price breakout.
Shiba Inu’s SHIB is turning heads again. Traders are watching closely as volume spikes and technical signals align for a potential major rally. After a long consolidation period, fresh momentum seems to be building. Oversold conditions and renewed buying activity have sparked optimism among investors hoping for a strong short-term rebound. With the market showing early signs of recovery, Shiba Inu could be preparing for an explosive move upward.
Rising Volume Rekindles Meme Coin Momentum
Shiba Inu has regained attention across crypto circles. The surge in trading volume suggests that traders are starting to re-enter the market. At the height of the 2021 bull run, Shiba Inu’s daily trading volume hit a staggering $38 billion. That number still outshines newer meme coins like $TRUMP, which peaked at $18 billion in early 2025. Crypto trader recently pointed out this difference, noting how Shiba Inu’s historical volume reflects strong retail participation.
This chart pattern highlights a deep-rooted interest among retail investors who helped drive the token’s earlier rallies. Many analysts see the renewed volume as a sign that enthusiasm could be returning. The impressive past performance has also set a benchmark for meme coin activity. Few tokens have achieved that level of engagement. As trading activity grows, analysts believe the momentum could pave the way for a meaningful price recovery.
Oversold Conditions Hint at Short-Term Rebound
Technical indicators now suggest that Shiba Inu may be undervalued. The Relative Strength Index points to oversold levels, while trading volume continues to rise. This combination often signals the start of a rebound phase. Traders interpret these readings as early signs that selling pressure could soon ease. Market analysts estimate that Shiba Inu could rebound by around 15% from current levels near $0.00001139.
Adding to the bullish picture, Shiba Inu shows a positive divergence against Bitcoin. According to analyst Javon Marks, the SHIB/BTC chart displays a descending wedge pattern. The price has formed lower lows, while the MACD histogram records higher lows. Such divergence often marks a turning point in momentum and can lead to significant price advances. Chart patterns also suggest that Shiba Inu may enter a bullish trend soon.
Traders rely on support and resistance zones, candlestick patterns, and volume data to anticipate market movements. While forecasts remain uncertain, these signals help traders identify possible entry points before momentum builds. Combining historical trading strength with renewed technical indicators creates an encouraging outlook. Shiba Inu continues to stand apart from other meme coins, both in community support and trading history.
