Is the $SHIB Bull Run in Danger After 250% Monthly Gains?

Shiba Inu’s (SHIB) explosive rally has stalled as the price struggles below key resistance levels. Could this pause signal the end of its bull run, or is it a healthy consolidation before another surge? Here’s the breakdown:

🔑 Key Levels to Watch

Support: $0.000025Resistance: $0.000037

1️⃣ Key Resistance Halts the Rally

After skyrocketing by 250% in a month, SHIB hit a wall at the $0.000037 resistance level. Buyers failed to break through, causing the price to move sideways, signaling a potential cooldown.

2️⃣ Are Sellers Gaining Ground?

The rally’s pause provides an opening for sellers.

If buyers fail to challenge the resistance soon, bears could push SHIB back to the $0.000025 support level.This would test the bulls’ resolve, with potential downside momentum looming if support breaks.

3️⃣ Daily MACD Signals Bearish Momentum

The daily MACD histogram is showing lower highs, an early warning sign of weakening bullish momentum.

A potential bearish cross in moving averages could see SHIB test its support level.

🔮 Short-Term Prediction for SHIB

Despite the pullback, SHIB’s consolidation could be a healthy move after such rapid gains. As long as the $0.000025 support holds, the bullish structure remains intact, leaving room for another attempt to break higher.

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