Just checked the Shiba Inu chart and noticed something interesting - SHIB actually bounced back with a 3.27% gain over the last 24 hours, which is a shift from the bearish pressure we saw before. The token's still hovering around key resistance levels though, and I'm watching that middle Bollinger Band closely. If Shiba Inu can hold above the lower support, we might see some consolidation here.

What caught my eye is the open interest sitting at $72 million - pretty subdued honestly. Usually when you see price movement without much volume backing it up, it means traders are still cautious. For Shiba Inu to really break out, we'd need to see that OI pick up alongside some solid buying pressure. The 7-day and 30-day gains are positive, so there's some momentum building, but I'm staying patient to see if this holds or if we get another dip to test support. Keeping an eye on this one.