The article suggests that the market may have hit a low point, while the price of SHIB has increased by 4.77% in the last day. However, on the hourly chart, the price still appears bearish. If a resistance breakout occurs, the price could continue to rise towards the $0.00001250-$0.000013 range. In terms of a larger trend reversal, it is too early to determine if a bullish trend will occur. Buyers would need to push the price above the $0.000013 zone to gain momentum. From a midterm perspective, the SHIB price is still far from key levels, and if the weekly candle closes around current prices, the more likely scenario is consolidation within the $0.000012-$0.000014 range. At the time of writing, SHIB is trading at $0.00001231.



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