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Shiba Inu rallies 37% in two days, but profit-taking and cautious traders cool the momentum.

Technical Signals
28 Jul 2026
AMBCrypto
View Source
Neutral
pluang ai news

Shiba Inu (SHIB) surged 37% in just two days, driven by increased retail interest and whale activity. However, the strongest buying came after the main price gains, indicating profit-taking by larger holders. Futures traders reduced leverage, and exchange reserves dropped, signaling cautious speculation and tighter supply. Despite a recent pullback from resistance, technical indicators suggest the overall bullish trend remains intact, with potential for another upward move if buyers regain confidence.

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