SHIB's rebound faces resistance and struggles to break through moving average pressure, with technical indicators still showing weakness.

[Crypto World] The recent rebound in SHIB looks lively, but technically it’s actually pretty awkward. The price has been suppressed below the 20-day moving average and can’t manage a breakout—classic sign of weak upward momentum.

Looking at the candlestick structure, each high is lower than the last, and the lows keep dropping as well, so overall it’s still moving in a downward channel. Trading volume isn’t supportive either; this level of volume is simply not enough to sustain a meaningful reversal. As for the RSI indicator, it’s hovering in a neutral zone—not oversold or overbought—which shows neither bulls nor bears have much drive right now.

So, when can SHIB really make a comeback? It depends on whether it can break above the 100-day and 200-day moving averages. But to be realistic, current market sentiment is pretty cold and liquidity is tightening, so expecting a major surge in trading volume to support a breakout is rather difficult in the short term.

Based on the current trend, SHIB is more likely to keep consolidating at the bottom, either moving sideways to digest selling pressure or continuing to search for a bottom. Anyone looking to buy the dip might need to wait a bit longer—at least until there’s a clear technical signal of a reversal.