<ul><li>Shiba Inu (SHIB) price has seen a modest 2.83% increase over the past 24 hours, remaining below the $0.000014 mark and trading within a narrow range.</li><li>Analysts highlight the significance of a descending trendline resistance that has kept SHIB's long-term bearish structure intact, with price consolidating below key levels.</li><li>Forecasts suggest that until the price breaks above resistance levels around $0.00002044, sustained bullish momentum is unlikely, with a potential breakout leading to a heavy pump towards $0.000033.</li><li>Derivatives market data reflects balanced sentiment, with an increase in open interest in SHIB derivatives and a stable liquidation distribution, indicating a relatively stable market structure.</li></ul>

SHIB Price May Jump to $0.000033 in Upcoming Rally, Analyst Says

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