$SHIB is currently priced at 0.00001255, showing a 1.11% increase over the past 24 hours.
It recently tested the upper Bollinger Band at 0.00001297, indicating potential resistance and overextension.
A rejection here could lead to a pullback towards the lower band at 0.00001233.
Consider setting a stop-loss just below the support at 0.0000123 to manage risk effectively.
Volatility appears to be contracting, suggesting possible sideways movement in the near term.
Traders might want to wait for a clearer breakout or set alerts for key levels.
