Shiba Inu (SHIB) Stalls Below 200-EMA as Recovery From February Lows Faces Key Barrier

Shiba Inu's price has rebounded on the four-hour chart from the $0.0000055-$0.0000058 zone but is struggling to break above the 200-period EMA resistance. The token remains below major moving averages on the daily timeframe and continues to print lower highs and lower lows, signaling that the broader downtrend is still intact. A sustained move above the four-hour 200-EMA could open the way to higher resistance areas, while repeated rejection near this level would keep downside risks in focus.