Shiba Inu (SHIB) maintains stability above the crucial $0.00001150 support level, as the number of holders climbs to 1.54 million. The token is exhibiting a falling wedge pattern on daily charts, indicating possible bullish momentum ahead. On-chain data reveals increased participation from retail and long-term investors, with a significant portion of SHIB tokens held in non-exchange wallets, highlighting confidence in the asset's potential.