Shiba Inu (SHIB) has recently experienced an interesting technical breakthrough on the hourly chart—the 50-period moving average successfully crossed above the 200-period moving average. This golden cross is often seen by traders as a bullish signal.

Specifically, on December 26, SHIB dropped to a low of $0.000007, then quickly rebounded. It surged to $0.0000074, then retraced to $0.000007382, but still recorded a 2.82% increase within 24 hours.

However, frankly speaking, the significance of this technical signal is limited. SHIB fell by 11.84% throughout December, not to mention a 66.8% decline since the beginning of the year. From a technical perspective, there are two clear resistance levels above—$0.00000826 and $0.000011—and support around $0.000007.

The issue is that the overall market is still speculating on what the Federal Reserve will do in 2026. This uncertainty keeps sentiment volatile, and no one can predict how far a short-term rebound might go.