Shiba Inu continues to attract strong market attention after posting steady gains over the past week. The token currently trades around $0.00008627, marking a clear improvement from recent consolidation ranges. Although SHIB ($0.00) remains far below its all-time high of $0.00008845, the latest weekly structure shows renewed optimism among holders.

Stronger Momentum Builds Mid-Week

Across the past seven days, SHIB’s price action has gradually strengthened. While volatility persisted, the token maintained a series of higher lows, showing that buyers were slowly regaining control. The past 24 hours illustrate this momentum even more clearly, because SHIB moved between a low of $0.00008327 and a high of $0.00008697, confirming upward pressure across short-term timeframes.

Moreover, the chart shows a clear shift from early-week weakness to more vigorous buying activity later in the week. The earlier dip around the $0.000084 range triggered quick recoveries, suggesting that traders are increasingly confident at lower levels. This pattern has repeated several times, supporting the idea of growing accumulation.

Volume Drops but Price Holds Firm

Even though trading volume slipped by 17.03% to $134.2M, SHIB managed to sustain its gains. This combination often signals controlled upward movement rather than a hype-driven spike. Market cap also climbed slightly to $5.08B, which reflects steady investor participation.

Related article: Shiba Inu Price Climbs to $0.00008030 as Trading Volume Jumps 16%

The circulating supply remains extremely high at 589.24T SHIB, yet the market’s ability to push the price upward despite such a large supply shows that demand is holding up well. Holder count remains strong at 2.89M, reinforcing long-term confidence.

SHIB’s Weekly Trend Shows Gradual Recovery

Looking across the full seven-day stretch, SHIB’s performance hints at a slow but promising recovery phase. The price repeatedly bounced after each minor pullback, forming a pattern that often precedes larger moves. Traders watching the market will note that SHIB’s current position is only a fraction below its weekly high, which keeps bullish sentiment intact.

If SHIB sustains its current trend, the token may attempt another test of the upper resistance levels near $0.000087. For now, it’s a stable recovery, a rising structure, and a strong holder base, which is good for continued momentum through the week.

The post SHIB’s 7-Day Surge Explained: Can It Push Above $0.00009 Next? appeared first on FXcrypto News.