The overall crypto market is showing positive movement, except for a few exceptions. The SHIB token has experienced a 7.22% increase in value since yesterday. On the hourly chart, SHIB's price is approaching a local resistance level of $0.00003263. If it surpasses this level, it could continue to rise towards the $0.000033-$0.000034 range. The daily timeframe also presents a bullish outlook, with a potential test of the $0.000035 area by the end of the week if the current price levels are maintained or surpassed. Looking at the midterm perspective, traders should watch the $0.00003285 level, as a successful hold and close above it could lead to a breakout and a move towards the $0.000040 range. Currently, SHIB is trading at $0.00003195.



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