Shiba Inu $SHIB has demonstrated notable volatility recently. Over the past week, its price dropped by 23.46%, while the last month saw a decline of 13.15%. Despite these short-term losses, SHIB posted a 19.81% increase over the last six months, underscoring its unpredictable performance.

Currently, SHIB is trading between $0.00002396 and $0.000032. The nearest resistance level is at $0.00003614, and breaking past this could propel it to the next resistance at $0.00004418, offering significant upside potential. On the downside, the immediate support is at $0.00002006. If breached, SHIB could test the secondary support at $0.00001202, indicating potential further declines.

Investors are closely monitoring these key levels as they navigate the token's turbulent price movements.