Technical analysis shows that SHIB is nearing its initial resistance level of $0.00002966, with a secondary resistance level at $0.00003719. On the flip side, the primary support level is noted at $0.00002158, followed by a secondary support level at $0.00001829. Despite the recent uptick in price, the number of daily active addresses for SHIB has stayed fairly consistent over the last two months. In addition, sentiment analysis indicates a shift towards negative sentiment, hinting at a cautious overall market sentiment.