The market is trying to return to the green zone; however, there are still some exceptions to the rule.
#SHIBUSDT
The price of $SHIB has decreased by 0.18% over the past day.
On the hourly chart, the price of $SHIB is identified.
Local support at $0.00001155. If today's candle closes away from that mark, there is a chance to see a test of the resistance level of $0.00001177 by tomorrow.
In the longer time frame, the situation has not changed much from yesterday.
The price of the altcoin is trading within the range of the previous day's candle, indicating that neither side has gathered enough strength to make a sharp move.
From a medium-term perspective, the price has made a false breakout of the support level formed at $0.00001138. If the selling pressure continues, there is a chance to see a deeper decline to the range of $0.000011.
The price of $SHIB is trading at $0.00001163 at the time of writing this report.