$SHIB Bounces from the Bottom But Will It Last?

$SHIB is showing signs of a short-term recovery after dipping to 0.00001160. It’s now trading near 0.00001177 on the 15-minute chart, with buyers trying to regain control after heavy selling pressure.

If SHIB holds above 0.00001175 and breaks past 0.00001185, it could target a quick move toward 0.00001200–0.00001220. But if it fails to stay above this support, another drop back to the lows or even lower levels could follow.

Right now, it’s a cautious recovery. SHIB needs a strong push from bulls to flip the momentum. Watch closely meme coins move fast and unpredictably.