<ul data-eligibleForWebStory="true"><li>Shiba Inu (SHIB) has surged 8.12% in the last 24 hours, signaling a renewed short-term bullish market trend.</li><li>Despite a weekly decline of 1.88%, improving sentiment suggests potential for recovery in SHIB.</li><li>The Relative Strength Index (RSI) near the overbought zone indicates strong buying interest with possible short-term resistance ahead.</li><li>Bullish momentum in SHIB could target $0.00001250 if the current trend persists.</li><li>SHIB is currently priced at $0.00001168 with a daily gain of over 8% and a total market capitalization of $6.88 billion.</li><li>After a period of tight sideways movement, SHIB experienced a breakdown followed by a V-shaped recovery, surpassing key resistance levels.</li><li>Technical indicators like Bollinger Bands and MACD suggest rising volatility and a continuation of the uptrend for SHIB.</li><li>If SHIB maintains its trajectory above support levels, a breakout could push the price towards the next target of $0.00001250.</li><li>The near-term outlook for SHIB remains bullish with positive volume and momentum, but corrections are possible near overbought conditions.</li></ul>

Shiba Inu (SHIB) Explodes 8%: Bullish Pattern Targets $0.00001250 Next

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