Buyers might need more time to accumulate energy for further growth, according to CoinStats. SHIB/USD The rate of SHIB has gone down by 7.22% over the last 24 hours. On the hourly chart, the price of SHIB is near the local support of $0.00001468. If nothing changes by the end of the day, the correction is likely to continue to the $0.000014 mark. On the bigger time frame, traders should focus on the daily bar's closure in terms of the $0.00001485 level. If the candle closes around that mark, one can expect an ongoing downward move to the $0.00001350-$0.000014 range. From the midterm point of view, the rate of SHIB has made a false breakout of the resistance of $0.00001734. If the weekly bar closes far from that level, there is a chance to see a test of $0.000014 shortly. SHIB is trading at $0.00001469 at press time.