Shiba Inu is gaining momentum as its price breaks above the critical 100-day moving average, a sign that bullish sentiment may be strengthening. This breakout marks an important shift in SHIB’s market structure. Historically, moving averages serve as dynamic support and resistance levels, and reclaiming the 100-day SMA often signals renewed upward potential.

If SHIB can sustain this breakout, it could pave the way for further gains, attracting more bullish interest and potentially triggering a rally toward higher resistance levels. However, traders remain cautious, as maintaining this momentum is key to confirming a trend reversal. Any failure to hold above the moving average may invite renewed selling pressure, leading to a possible retest of support zones.

Market Sentiment Shifts: Are Shiba Inu Buyers Gaining Control?

Shiba Inu’s recent price movement above the 100-day moving average suggests a potential shift in market sentiment, with buyers showing renewed interest. Increased trading volume and a steady uptrend indicate that an upside trajectory could be building, challenging the previous dominance of sellers.

SHIB’s price trading above the 100-day SMA signals growing bullish momentum, turning this level into key support. Additionally, the MACD and signal line trending above the zero line reinforce positive sentiment, suggesting buyers are gaining control. If momentum holds, SHIB might sustain its upward move, but overcoming resistance remains crucial.

However, for buyers to fully take control, SHIB must sustain its gains to confirm a stronger uptrend. If the momentum continues, confidence in the market is likely to rise, attracting more investors and fueling further upside.

A decisive breakout above this level, supported by rising trading volume, could strongly confirm bullish strength. Such a move may trigger increased buying pressure, paving the way for an extended rally toward the immediate resistance level at $0.00001703. Additionally, breaking past this resistance could invalidate bearish expectations and set the stage for a potential test of higher resistance zones such as $0.00002045 and $0.00002631.

Support Zones To Watch In Case Of A Pullback

Should Shiba Inu face a pullback, key support zones will play a crucial role in determining whether the bullish trend can hold or if bears will take control. The first level to watch is the 100-day SMA, which has now turned into support. SHIB’s maintenance above this level signals strength and renewed buying interest.

However, when selling pressure increases, the next critical support zone lies around $0.00001272, where buyers might attempt to stabilize the price and prevent further downside. A break below this level will bring the price toward $0.00000847 or even lower. Holding above these support zones is essential for SHIB to sustain its bullish outlook and avoid a deeper correction.

Polkadot (DOT) has been quietly building a strong foundation, with its price stabilizing after a period of volatility. This consolidation phase often serves as a launching pad for a potential upward move as buyers step in. Traders are now eyeing key resistance levels, which, if broken, could trigger a short-term rally.

As the crypto market shows signs of recovery, DOT’s technical setup and fundamentals suggest that a bullish breakout might be on the horizon. Could this be the start of a fresh rally for Polkadot? 

Market Sentiment Improves As Polkadot Holds Steady

DOT is exhibiting resilience as it continues to hold firm above the $3.5 support zone, signaling a potential shift in market sentiment. This stability is a positive sign, suggesting that selling pressure is subsiding, allowing bullish momentum to build gradually. The market’s confidence in Polkadot appears to be improving, as reflected by steady buying interest and a noticeable slowdown in bearish activity.

Moreover, DOT’s resilience amid broader market shifts highlights its ability to attract demand at current levels. If market sentiment continues to improve, an upward push could be imminent. However, a decisive move above key resistance levels is needed to confirm a sustained recovery and prevent prolonged consolidation or a possible retracement.

A key bullish signal emerges from the MACD indicator, which is gradually rising toward the average, hinting at a potential shift in momentum. This upward movement suggests that bearish pressure is fading, allowing buyers to regain control and build confidence in a possible trend reversal. 

As the MACD line approaches the average, buying interest has risen, which could translate into a stronger push toward higher price levels. If this trend continues, it may serve as an early indication of a breakout attempt.

Short-Term Rally Or Fakeout? Key Levels To Monitor

Polkadot’s price stability has sparked hopes for a short-term rally, but traders remain cautious about the possibility of a fakeout. Key resistance and support levels will be crucial in determining the next move. 

A breakout above the $4.8 resistance level could serve as a strong confirmation of upside momentum, signaling increased buyer interest. Should this level be successfully breached, DOT may gain the necessary traction to push higher, targeting the resistance zones at $6.2 and $7.7. 

However, failure to sustain upward movement may indicate a lack of strong buying pressure, leading to a retracement toward $3.5. Monitoring price action around critical levels, volume, and technical indicators will be essential in assessing whether Polkadot is gearing up for a true breakout or merely experiencing a temporary uptick.