$SHIB is in a short-term sideways consolidation phase, with minor bullish momentum visible.The price is holding above the MA(99) (long-term moving average), indicating underlying support for upward momentum.MA(7) (yellow line) is crossing above MA(25) (pink line), a bullish crossover, suggesting short-term upward momentum.The MA(99) (purple line) is sloping upwards, supporting the overall trend.

The absence of a significant volume spike indicates that a breakout above 0.00002637 is yet to gain momentum.If SHIB breaks above 0.00002637, it may rally to test 0.00003111 in the near term.