SHIB price saw a downturn over the weekend, according to CoinStats. A closer look at its recent performance reveals that it dropped by 4.13% in the last 24 hours. The hourly chart illustrates SHIB’s resistance level of $0.00001155, but an increase in trading volume suggests potential for further upward movement. If the daily bar closes at or above current prices with a significant upward wick, it could signal an ongoing upward trend. On the larger time frame, the key focus is on the support level of $0.00001082. If this level holds, we might expect a bounce back towards $0.000012 in the near future. This pattern also applies to the weekly chart. As only a few days remain until its closure, it’s still too early to predict a definitive outcome, with sideways trading in the range of $0.000011-$0.000013 looking likely if the candle closes around current prices. As of press time, SHIB is trading at $0.00001144.