Shiba Inu's price correction may be nearing its end, according to recent weekly chart analysis. Despite a 10% drop over the past week, bringing SHIB to $0.0000056, the token remains above a key support level at $0.0000055. This level has historically cushioned price declines since 2021. The token's price action is constrained within a descending triangle pattern, which has limited recovery attempts since its peak in 2021. Analyst Aurex Finance highlights a completed three-wave corrective structure, suggesting a potential end to SHIB's prolonged decline. The analysis notes that the price has reached a confluence of the wave completion and a long-term support zone, indicating a possible turning point. For a bullish reversal, SHIB must break above two critical resistance levels: the descending trendline at $0.000011 and the previous recovery high of $0.000033. Until these levels are surpassed, the long-term outlook remains weak, though a breakout could lead to significant price movement.