Shiba Inu (SHIB): Finally $0.00002 Is Around Corner

Key Points

1. SHIB has broken through the 200 EMA barrier, indicating a structural change in its price action.

2. The daily RSI is above 80, suggesting strong momentum and reducing the likelihood of a fakeout.

3. Volume is steadily rising, further supporting the bullish trend.

4. A bullish crossover of the 50 EMA over the 100 EMA reinforces the strengthening momentum.

5. Improved meme coin sentiment and speculative appetite could benefit SHIB, especially if Bitcoin's performance spills over into altcoins.