For SHIB to regain its upward momentum, it may need to cross the 58 trillion SHIB threshold with renewed buying interest. The broader market movements should also be monitored to predict SHIB's next price movement. If the market regains momentum, a break above $0.00002684 could be necessary to confirm the start of an upward movement for SHIB. In this scenario, SHIB may target $0.00003285. However, SHIB will need to stay above the daily 50 simple moving average at $0.0000245 to avoid further declines. If SHIB falls below the daily SMA 50 level, support is expected to be at $0.00002334 and $0.00002155.
