The price of SHIB has decreased by 11% in the last 24 hours according to CoinStats. On the hourly chart, SHIB is approaching a support level of $0.00001235, and if this support level is broken, there may be a move to the $0.000012 zone. On the daily time frame, the price of SHIB continues to fall with no signs of reversal yet. If the support level of $0.00001158 is broken, SHIB may test the $0.000010-$0.000011 zone. Sellers are currently dominant over buyers in the midterm, and the declining volume suggests that a bounce back is unlikely in the near future. Currently, SHIB is trading at $0.00001259.



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