Shiba Inu (SHIB) is maintaining its position at $0.0000119, consolidating above the $0.00001161 support level. The cryptocurrency faces resistance at $0.00001202, with its market cap rising by 2.12% to $7.02 billion. Trading volume has surged by 34.31% to $150.81 million, reflecting heightened market activity. In the past week, over 9.1 million SHIB tokens have been burned, signaling increased ecosystem engagement. Technical indicators such as RSI and MACD show price stability, with no clear bullish or bearish trend in the short term.