Shiba Inu breaks KEY resistance – Is a 32% SHIB rally next?

TL;DR:

SHIB’s derivatives data shows strong long positions outweigh shorts, reinforcing bullish momentum above key support levels.

Key Points:

Background:

Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.

Why It Matters:

This development could influence SHIB price action and market sentiment in the near term.