Will $SHIB Recover Soon?

Currently, Shiba Inu’s price fluctuates between $0.000023 and $0.000026, resting at $0.0000241. It is currently receiving support from the 0.5 Fibonacci retracement level, with technical indicators suggesting the potential for a price increase as long as it remains above $0.0000234.

Critical resistance is seen at the $0.000037 mark, with market analysts forecasting that SHIB could potentially reach $0.0000998 if a bullish trend emerges in 2024.