I just reviewed the SHIB chart and it seems like it finally found a bottom after bouncing around. Not long ago, it tested a very critical support level around $0.0000055, but this time the buyers didn't let it fall further. The move was quite rapid, suggesting there is interest in accumulating at these prices.

What's interesting is that this coincides with the overall crypto market rebound. Bitcoin is already above 68k, so SHIB is following the trend, albeit with more modest gains.

If we look at the technical targets, there's a first resistance level in sight, and if that breaks, the next target many analysts are eyeing is $0.00000644. That would represent a 15% increase from here. Interestingly, that same level was where it recently hit a ceiling, so traders see clear targets in that zone.

What to watch is whether this bullish momentum holds. For now, it depends on the overall market remaining strong. If Bitcoin stays solid, SHIB probably has its sights set on trying those higher levels.