Shiba Inu (SHIB) has experienced a shift in market dynamics as exchange outflows signal reduced selling pressure. For the first time in seven days, SHIB recorded negative exchange netflows, with approximately 42.4 billion SHIB leaving exchanges, according to CryptoQuant. This development suggests a potential continuation of bullish momentum, as traders often move tokens off exchanges when planning to hold rather than sell. The technical market structure for SHIB has shown improvement, with the token climbing above key short-term resistance levels and maintaining a pattern of higher lows since March. Currently trading near $0.0000064, SHIB is approaching the 100-day exponential moving average, a critical resistance level that has capped gains for months. Momentum indicators, such as the Relative Strength Index, remain supportive, indicating room for further upside if broader market conditions remain favorable. However, SHIB still trades below its 200-day EMA, highlighting the need for caution as meme coins remain sensitive to Bitcoin's movements and overall market sentiment.