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The Shiba Inu price has surged 8% in the last 24 hours to trade at $0.0000261 as of 3:30 a.m. EST on a 12% jump in trading volume to $5.9 billion. Shiba Inu Price May Encounter A Short Term Pullback The SHIB/USD daily chart currently presents a cautiously bullish outlook. The 50-day Moving Average (blue line) is positioned around $0.00001883, while the 200-day Moving Average (green line) is near $0.00001832. A “Golden Cross” has formed, as the 50-day MA crossed above the 200-day SMA, typically signaling potential upward momentum and a bullish trend shift that often attracts buying interest. A horizontal orange line at the $0.00001800 level highlights a support zone, which has served as a strong base for recent upward movements. The price recently surged after breaking out from this support and following the moving average crossover, reaching a high of $0.00002733 before slightly retracing to its current level of $0.00002572. This pullback Indicates some profit-taking, ye...