Shiba Inu (SHIB), a popular memecoin, shows potential for a rebound after a period of consolidation and market decline. Recent market activity has seen SHIB gaining momentum, aligning with broader cryptocurrency market trends.
In the past 24 hours, SHIB has recorded a 6% increase, suggesting a possible trend reversal. Technical indicators, particularly the TD Sequential, point towards a price bounce, hinting at a positive outlook for Shiba Inu in the near future.