Shiba Inu (SHIB) posted a sharp recovery on massive trading volume Wednesday, bouncing off its intraday low amid rising geopolitical and macroeconomic volatility. The meme token’s latest performance hints at a potential bullish breakout, as traders eye key resistance levels.
Intraday Recovery Highlights SHIB Resilience
According to CoinDesk Research’s AI-assisted data, SHIB plunged to a session low of $0.00001405 around 15:00 UTC, only to rebound powerfully on above-average volume, closing the day with notable strength.
- 24H range: $0.00001402 – $0.00001458 (≈4% swing)
- Peak volume period: 23:00–00:00 UTC with +1.44% gain on 756.55B volume
- Short-term breakout: +0.88% at 01:51 UTC on 15.91B volume, breaching the $0.00001450 resistance
This recovery suggests that buyers are stepping in at key support levels, showing confidence despite ongoing economic uncertainties.
Macro Headwinds Meet Technical Strength
SHIB’s surge comes as global trade tensions, inflation risks, and monetary policy concerns dominate investor sentiment across crypto and traditional markets.
“Trade disputes and rising geopolitical tensions are creating volatility, but SHIB is showing relative strength,” notes CoinDesk’s report.
SHIB’s ability to rally on strong volume amid macro headwinds suggests the meme coin may be regaining bullish momentum.
Technical Zones to Watch
- Support zone: $0.00001447
- Immediate resistance: $0.00001452
- Key breakout level: $0.00001456 (now acting as potential support)
If SHIB reclaims and holds above $0.00001456, analysts believe the token could target a fresh leg up, especially if market-wide risk sentiment improves.
What’s Next for SHIB?
As broader market sentiment remains cautious, SHIB traders are watching for a clean breakout above $0.00001456 on sustained volume. A confirmation of this breakout could spark renewed bullish interest, especially as altcoin utility season approaches.
SHIB has also attracted attention in recent media:
- “Shiba Inu (SHIB) and Dogecoin (DOGE) Holders Enter Viral Altcoin at $0.03 as Utility Season Nears” – Cryptopolitan, May 28, 2025
- “Missed Out on SHIB? Don’t Miss This New Crypto for 5000% ROI” – Cryptopolitan, May 28, 2025