SHIB has risen by 1.16% in the last 24 hours but is down 9.9% over the past week. On the hourly chart, SHIB broke the $0.00001755 level, indicating bullish momentum. If this holds, traders could see a test of the $0.000018 area soon.

On the daily chart, a close above $0.00001773 may push SHIB toward the $0.00001850-$0.000019 range in the coming days. However, sustained growth will depend on whether the price surpasses the $0.00002017 resistance level.

Until that happens, a correction back to $0.000017 is still possible. SHIB is currently trading at $0.00001793.