A rare technical setup has formed on Shiba Inu’s (SHIB) weekly chart, with the emergence of a classic bullish combo signaling long-term seller exhaustion. The token currently trades at $0.00000547, up 6.72% for the week, and a bullish RSI divergence has established itself as the indicator forms higher lows despite successive price troughs. The main obstacle for buyers sits at $0.0000122, where the 200-week moving average acts as the major resistance level. A breakout above this threshold would validate the bullish combo and erase a zero from the token’s price; otherwise, the current rebound would remain merely temporary.
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