Over 2 Trillion SHIB Traded as Shiba Inu Rockets Back in V-Shaped Recovery

Shiba Inu Bounces Back From 16-Month Lows as Trading Activity Explodes

Shiba Inu (SHIB) has staged a strong recovery from its lowest price in over a year, thanks to a significant spike in trading volume, according to data from CoinDesk’s AI research division.

The meme-inspired token rallied to $0.00001080 after briefly plunging to $0.00001025 late Sunday—the weakest level since February 2024, based on figures from TradingView.

This rebound coincided with Bitcoin climbing back above $100,000, supported by muted reactions in oil markets despite recent U.S. military strikes on Iran.

Insights from CoinDesk’s AI analysis suggest SHIB’s rebound appears sustainable, driven by heavy buying interest that emerged late on Sunday. Trading volumes surged past 2 trillion SHIB—more than twice the typical 24-hour average—signaling heightened market enthusiasm.

From a technical standpoint, SHIB has established a series of higher lows and higher highs, forming a textbook V-shaped recovery pattern. However, its advance faced resistance around $0.00001088 during trading hours in Asia on Monday.

AI Analysis Highlights

SHIB recovered from a sharp dip to $0.00001008, stabilizing near $0.00001081, with strong trading volume supporting the bounce.
Persistent geopolitical tensions and trade-related uncertainties continue to influence crypto markets, with SHIB showing clear signs of a V-shaped rebound.
Trading volume spiked dramatically to almost 8 trillion SHIB during the 11:05 hour, pointing to intense trading activity.
A potential double-top pattern has formed near $0.00001083, suggesting possible selling pressure at that price level.

Technical Chart Observations

SHIB has successfully broken above a descending trendline that had defined the recent downturn since Friday.
Despite the recovery, the token still hasn’t moved decisively through the Ichimoku cloud—a key technical indicator—which would confirm a stronger bullish reversal.