Shiba Inu (SHIB) is experiencing constrained movement, trading between a support level of $0.057614 and resistance at $0.057999. The token has seen a 15.4% decline over the past week, with price action remaining within this narrow range. Despite recent downward pressure, the support level has held firm, while resistance continues to limit any rebound attempts. SHIB's relative performance against Bitcoin and Ethereum has shown moderate changes, indicating a stable yet cautious trading environment.