Shiba Going Lower

Low Volume on Bounce: The recent upward movement in SHIB's price is accompanied by low trading volume, indicating weak buying interest. This suggests that the current price increase may not be sustainable.

The RSI is currently at 74.27, which is close to the overbought territory (above 70). This suggests that SHIB may be overbought and could be due for a correction or consolidation.

Further support is around 0.0000120000 USDT, another significant support zone seen in the chart.