Shiba Inu has recently seen buying interest flow in around a low zone, signalling the possibility of a short-term rebound.

U.Today, a blockchain outlet, reported on Wednesday that the medium- and long-term downtrend remains in place, making it difficult to view the move as a full-fledged trend reversal.

Shiba Inu has extended declines amid selling pressure over recent weeks. Recent daily candles show signs of buyers stepping in to defend the lows. After the price slipped to the $0.0000043 to $0.0000044 range, it formed a gradual recovery candle and attempted a short-term rebound.

But the market structure still looks broadly bearish. Shiba Inu is trading below key trend lines, including the 50-day, 100-day and 200-day moving averages. It has seen occasional rebound attempts, but the broader trend remains down. A notable point in the current phase is the price reaction near the support line. Even as selling persists, buyers entered at recent lows and partly prevented further declines.

Technical indicators are also cited as factors supporting the chance of a short-term rebound. The relative strength index has moved closer to oversold territory, and similar zones in the past have seen relief rallies. The market is focusing on the view that "buyers are trying to hold recent lows." At the same time, it is also necessary to confirm that this signal "is not a typical reversal signal."

Trading volume trends also matter. After the recent downside break, selling activity has gradually declined. That suggests a significant amount of weak turnover may have already occurred. It is also noted that such a selling-fatigue phase can appear before the market enters a long-term recovery.

The near-term key is the resistance zone just above. The closest resistance is a short-term moving average around $0.0000049 to $0.0000050. Even if it breaks above that area, the 50-day and 100-day lines remain overhead resistance. Confidence in a reversal signal can rise only if buying links the current rebound candle to a pattern of higher lows and higher highs.

The market is still seeking confirmation. Shiba Inu is currently closer to a phase of "laying the groundwork for a relief rally" than a "full trend shift." That means a single positive candle cannot prove a reversal, and follow-on buying and a recovery of nearby resistance must follow. As a result, the current move needs to be interpreted as a testing zone for whether buyers can maintain control, rather than evidence of a new bull market.

In the end, a short-term rebound signal in Shiba Inu has been confirmed, but the market's focus is on the next step rather than the low defense itself. If buyers fail to reclaim overhead resistance, the rebound attempt may remain a limited technical bounce. If resistance is recovered and follow-on buying continues, the recently formed rebound candle could become the starting point of a more meaningful shift, the outlet reported.