Shiba Inu (SHIB) has witnessed a significant comeback, rebounding with a 10% surge in the past 24 hours after enduring a notable three-day selloff. This selloff had previously triggered widespread liquidations within the cryptocurrency sector. As the broader market starts to show signs of recovery, the focus shifts to SHIB's potential for further price gains.
A critical technical indicator is currently flashing a buy signal, raising trader speculations about whether SHIB can eliminate another zero from its price. The market buzz reflects optimism regarding SHIB's potential trajectory in the coming days.