Shiba Inu’s latest rebound has run into resistance at the 100-day exponential moving average (EMA), a level that has repeatedly capped price advances this year. SHIB managed to bounce from a local support area, but the move lost traction as it approached this technical barrier, leaving the token at another decision point.
Short-term recovery is meeting a larger downtrend
SHIB is still moving within a broader downtrend even though its recent structure shows a short-term recovery attempt. According to the source material, the latest spikes were driven mainly by short-covering and reactive buying rather than durable demand. That matters because price can rise quickly on position unwinds, yet those moves often struggle to keep going without fresh buying pressure.
As SHIB pushed toward the 100-day EMA, that lack of deeper support became more visible. The market saw a bounce, but not the kind of sustained follow-through that would suggest bulls had fully taken control.
Volume and RSI point to hesitation
Volume is one of the clearest tests for a breakout, and the current setup looks thin. The article notes that while there was a brief increase in activity during the rebound, buying interest faded as SHIB approached the 100-day EMA. Price reached the ceiling, but participation did not build in a convincing way.
The relative strength index (RSI) is also sitting in neutral territory. That reading does not show a clear edge for either buyers or sellers, which fits the wider picture: resistance remains firm, momentum is limited, and traders are not yet committing aggressively in either direction.
The next move depends on whether SHIB can reclaim this level
The 100-day EMA has become the key line to watch. A clean break above it, backed by stronger follow-through volume, could change the technical picture and open the door to a larger rally. If SHIB fails again at this level, another rejection could send the token back toward lower support zones.
For now, SHIB remains capped beneath that moving average. Market attention is centered on whether price can close decisively above the 100-day EMA and then hold it as support. Until that happens, the current rebound remains unconfirmed.