Shiba Inu (SHIB) is currently trading at $0.000014, showing signs of stabilization after a recent correction.
The memecoin has been hovering around breakeven levels over the last 24 hours, indicating potential resistance for sellers in the current zone.
Analysis suggests SHIB has been consolidating in the $0.000015—$0.000014 zone on the 1-hour chart, with a possible breakout looming.
The Accumulation/Distribution indicator indicates potential bullish strength for SHIB, with traders advised to watch for breakout confirmation through price action and volume expansion.