Shiba Inu (SHIB) has surged 4% in the past 12 hours, aiming to break above $0.000017 amid a descending triangle pattern formation.The cryptocurrency is consolidating near $0.000015, hinting at a potential breakout rally towards the $0.000017 resistance zone.Technical analysis indicates a bullish outlook as MACD and RSI support upward movement, with a possibility of breaking above the $0.000017 resistance.Derivatives market sentiment favors an upside potential for SHIB, with increasing open interest and a rise in funding rate towards bullish territory.