Shiba Inu (SHIB) has formed a golden cross on its Bitcoin chart, indicating potential bullish momentum as the 50-period moving average crossed above the 200-period line. The token's price increased by 2.82% over the past 24 hours, climbing from $0.000007 to $0.000007382. Despite this short-term gain, SHIB remains down 11.84% for December and has declined 66.8% year-to-date. The token faces resistance at $0.00000826, while support is seen at $0.000007, suggesting a cautious outlook for traders.