The post Shiba Inu (SHIB) to Remove Zero? Bullish Trend Implosion appeared on BitcoinEthereumNews.com. Buyers still there What to expect? Although it is too soon to declare a complete reversal has occurred, Shiba Inu just made one of its strongest post-crash recovery attempts, and the current price behavior is unquestionably bullish in contrast to the severe downtrend that dominated the majority of November, as we can see on TradingView’s charts. Buyers still there The bounce off the $0.0000075-$0.0000080 zone was more than just a feeble relief rally; it was accompanied by increasing momentum, an improvement in RSI and unmistakable proof that buyers were at last intervening with conviction. This shift in trend is the most significant signal. The vertical decline of SHIB has stopped. Rather, we have not seen a rounded bottom on the chart since the early summer recovery. SHIB/USDT Chart by TradingView One of the first and most accurate indications that sellers are losing control is rounding. It demonstrates that stronger absorption is occurring with each push lower, transforming flat candles into higher lows — exactly what you want to see prior to a trend reversal. The move is also being supported by volume. SHIB experienced significant inflows during the rebound following weeks of decreasing participation, suggesting that larger players are either accumulating or closing short positions. Both situations increase the potential for upside. You Might Also Like Now that the RSI has moved out of oversold territory and is getting close to neutral, SHIB has more room to push without running out of steam right away. Therefore, if this trend continues, could SHIB actually remove a zero? Not right away, but the path becomes feasible only when the market shifts from panic to accumulation, which is what the current structure suggests. What to expect? A 20-day EMA test. The first real trend shift is indicated by breaking above this moving average.… The post Shiba Inu (SHIB) to Remove Zero? Bullish Trend Implosion appeared on BitcoinEthereumNews.com. Buyers still there What to expect? Although it is too soon to declare a complete reversal has occurred, Shiba Inu just made one of its strongest post-crash recovery attempts, and the current price behavior is unquestionably bullish in contrast to the severe downtrend that dominated the majority of November, as we can see on TradingView’s charts. Buyers still there The bounce off the $0.0000075-$0.0000080 zone was more than just a feeble relief rally; it was accompanied by increasing momentum, an improvement in RSI and unmistakable proof that buyers were at last intervening with conviction. This shift in trend is the most significant signal. The vertical decline of SHIB has stopped. Rather, we have not seen a rounded bottom on the chart since the early summer recovery. SHIB/USDT Chart by TradingView One of the first and most accurate indications that sellers are losing control is rounding. It demonstrates that stronger absorption is occurring with each push lower, transforming flat candles into higher lows — exactly what you want to see prior to a trend reversal. The move is also being supported by volume. SHIB experienced significant inflows during the rebound following weeks of decreasing participation, suggesting that larger players are either accumulating or closing short positions. Both situations increase the potential for upside. You Might Also Like Now that the RSI has moved out of oversold territory and is getting close to neutral, SHIB has more room to push without running out of steam right away. Therefore, if this trend continues, could SHIB actually remove a zero? Not right away, but the path becomes feasible only when the market shifts from panic to accumulation, which is what the current structure suggests. What to expect? A 20-day EMA test. The first real trend shift is indicated by breaking above this moving average.…