In the crypto market, most coins are recovering from a bearish market opening. The price of SHIB has increased by 1.18% over the last 24 hours. On the hourly chart, SHIB is showing a bullish trend, and if it breaks the local resistance, there is a chance it will test the $0.000016 range soon. However, on the daily time frame, the situation is different, and if the price closes below $0.000015, there could be a correction to the $0.000014-$0.00001450 zone. Reversal signals are not yet apparent from a midterm perspective. To regain control, buyers need to push the rate above the $0.000017 area. Currently, SHIB is trading at $0.00001533.



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