According to technical analysis, SHIB is on track to reach its initial hurdle at $0.00002966, with a secondary barrier at $0.00003719. Conversely, the primary support level is situated at $0.00002158, followed by a secondary support level at $0.00001829. Despite a surge in price, SHIB’s daily active addresses have maintained a consistent level over the last sixty days. In contrast, sentiment analysis indicates a shift towards pessimism, indicating a cautious sentiment prevailing in the overall market.