Despite a slight increase in SHIB price over the past 24 hours, as per CoinStats, traders are experiencing uncertainty about the coin’s direction. Analysis suggests potential bullish momentum on the hourly chart if resistance is broken, but a more cautious outlook emerges on the broader timeframe. 7-day chart analysis shows SHIB is struggling near support levels while staying away from resistance levels. If buyers fail to hold the price at $0.000012, further drop might be seen towards the $0.00001160 mark. Looking further ahead, neither side holds the upper hand as SHIB remains poised for little movement. Low trading volume signifies a lack of significant price shifts in the coming week.