- Price Structure: SHIB holds above key demand zones, forming a base for potential bullish momentum.
- Golden Cross Potential: 50-EMA below 200-EMA may converge if price breaks out of descending wedge.
- Market Signals: Rising open interest and early MACD momentum support possible upside in 2026.
Shiba Inu price action has captured attention as 2026 approaches, with speculation building around a potential Golden Cross. Price consolidation and strong demand support suggest that long-term bullish momentum may be forming. Traders are watching key levels closely as SHIB navigates a narrow range above critical support. A successful crossover of the 50-EMA above the 200-EMA could signal renewed upside. How the token behaves near demand zones will likely determine the outcome.
Golden Cross Setup and Price Structure
Shiba Inu currently trades near $0.00000715, holding above a well-defined demand zone. Price repeatedly bounces between $0.0000070 and $0.0000075, showing absorption rather than aggressive selling. Candle ranges have compressed, suggesting accumulation and base formation. This structural setup improves the likelihood of a Golden Cross because the 50-EMA sits below the 200-EMA, creating a potential bullish configuration.
However, the moving averages will not converge without upward price action. SHIB needs to break out of the descending wedge to accelerate upward momentum. Holding above $0.0000070 is critical to allow EMA flattening. A sustained move beyond $0.0000082 could narrow the gap between the averages and strengthen bullish prospects. Failure to maintain the demand zone would invalidate the setup and delay crossover expectations.
Technical indicators currently support stabilization rather than reversal. RSI sits near 38, signaling mild bearish pressure but no oversold extremes. MACD remains negative, yet the MACD line has crossed the signal line, with histogram bars turning positive. These early momentum signals indicate the formation of a base, rather than a complete trend reversal.
Demand Zones, Open Interest, and Upside Potential
Open Interest recently rose roughly 6%, pushing total OI toward $81 million despite a small daily price drop. This suggests traders are positioning for consolidation rather than offloading holdings. Rising OI without significant downside shows the demand zone functions as a solid foundation. Leverage appears balanced, reducing immediate breakdown risk.
A breakout above the current range could trigger a surge in upward momentum as traders reposition. Conversely, failing to hold demand zones could accelerate downside continuation, testing lower support levels. Open Interest amplifies potential structural outcomes but does not independently dictate direction. If the Golden Cross forms, SHIB could target $0.0000090 initially, followed by $0.0000115.
Further strength may push the price toward $0.00001432, assuming sustained demand and upward momentum. Traders should watch for EMA convergence, range breakouts, and continued support above $0.0000070. These factors will likely shape the long-term trend for SHIB in 2026. Shiba Inu price currently consolidates above critical demand zones, forming a base.
