The majority of cryptocurrency prices are increasing today, except for SHIB which has declined by 1.10% in the last 24 hours. On the hourly chart, the price of SHIB is more bearish than bullish, and if it does not return above $0.000020 soon, there may be a support breakout and further correction. Traders should focus on the nearest support level of $0.00001954, and if the daily bar closes near or below it, the price may continue to fall to the $0.000019 area. On the weekly chart, bears are more powerful than bulls, and there is a possibility of a test of the $0.000016-$0.000018 range in the next few days. Currently, SHIB is trading at $0.00001993.



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