After an extended period of correction and low-price activity, a renewed wave of optimism is beginning to take hold among traders and investors. At the forefront of this potential rebound is Shiba Inu, which has already climbed nearly 20% since the start of the week. But that may just be the beginning.

Shiba Inu could now be on the verge of confirming critical buy signals. Once confirmed, this may present a strong market entry opportunity, with the potential for the token to surge heavily.

Daily time frame analysis

SHIBUSD - 1 Day Time Frame

From a technical standpoint, Shiba Inu’s price fell below its February low at the start of March. Moves like this often trigger high-volume order matching, driven by underlying liquidity dynamics.

In this case, Sell Stop orders—likely placed just below the February low by retail traders—may have been activated, giving commercial participants the chance to match those orders with new buy positions at more favorable price levels.

Now, what matters for everyday traders and investors is how the price behaves within the resistance zone, highlighted in orange on the attached chart.

A daily close above this zone could act as a key confirmation signal for initiating a buy position. In such a scenario, a protective Stop Loss could be placed below the internal higher low—also marked on the chart—to support sound risk management.

Shiba Inu price target

Just as crucial as knowing when to enter a trade is having a clear profit-taking strategy. It could be wise to set Take Profit levels at Buy-Side Liquidity zones. When the price hits one of these levels, it can serve as a signal to partially lock in profits, while the remaining position is held for the next target.

This method allows traders to ride the momentum while securing gains along the way.