Shiba Inu has finally broken above one of its most persistent technical barriers, strengthening the recovery structure on the daily chart. The move came as 534 billion SHIB changed hands in 24 hours, a volume surge that accompanied the breakout. The question now is whether that level marks a stopping point for the memecoin or the base for a further recovery. The breakout above the long-standing barrier is the first sustained push past it in the token's recent trading history.
Shiba InuSHIB broke a key technical barrier on a 534B SHIB volume surge, but the article gives no fundamental cause, only a price/technical move.
