Shiba Inu Ignites Bullish Rally, Breaking Multi-Year Bearish Trend

Shiba Inu (SHIB) has recently shown significant strength, definitively ending a prolonged bearish period that had gripped the popular memecoin since September 2025. This decisive move has not only captured market attention but also signaled a potential new phase of growth for SHIB holders, backed by strong price action and renewed investor interest.

A Breakthrough in Price and Volume

The recent surge saw SHIB climb 8.5% in 24 hours, accompanied by a remarkable 96% jump in trading volume, reaching $228.5 million. This combination of rising price and increasing participation is a strong indicator of renewed market interest and a bullish shift. Technically, SHIB successfully broke out of a critical descending trendline that had capped its price action, clearing the path for further gains. Should the token maintain its position above the $0.00000763 threshold, analysts project a potential 32% rally, targeting the $0.00001057 mark in the near term.

Reinforcing Bullish Sentiment: Indicators and Trader Positions

Adding weight to this bullish outlook are key technical indicators and derivatives data. The Average Directional Index (ADX) has crossed the vital 25 mark, currently at 27, signaling a strong underlying trend. While the Chaikin Money Flow (CMF) at -0.12 suggests cautious buying, the overall market sentiment appears overwhelmingly positive. Derivatives data further solidifies this, showing a significant imbalance with $1.11 million in long-leveraged positions compared to $705.55K in short positions around the $0.0000078 to $0.00000844 range. This heavy leaning towards long bets underscores traders' confidence that SHIB will hold its current levels and continue its ascent, indicating strong market conviction for the memecoin's upward trajectory.