The cryptocurrency market has experienced a downturn, with SHIB coin seeing a 3.61% decrease in price. On the hourly chart, SHIB is closer to the support level and may test $0.00001789 if the situation remains the same. On a larger time frame, SHIB's price is far from key levels, but if it falls below $0.00001750, a further decline to $0.000017 may occur. Bears are currently controlling the market from a mid-term perspective, and if the weekly bar closes near its low, SHIB could decline to the nearest support level of $0.00001550. Currently, SHIB is trading at $0.00001813.



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