Shiba Inu is finally showing some life after weeks of sideways action. The meme coin just hit $0.00001368, up over 3% and looking ready for more. Bulls are getting excited, and for good reason - the chart's starting to look bullish again.
Key Levels That Matter
Trader $SHIB KNIGHT has their eye on $0.00001599 as the next big target. That's where the real test happens. Break through there, and SHIB could be off to the races.

The chart tells a clear story right now. SHIB found solid footing at $0.00001250 - that's the safety net if things go wrong. Right now it's bumping up against $0.00001370, which is where sellers have been stepping in. But the real prize is $0.00001599, the major resistance zone everyone's watching.
The bigger picture shows SHIB trading in a range between $0.00001100 and $0.00001900. Recent price action suggests buyers are getting more aggressive, setting up what could be a breakout attempt. If SHIB punches through $0.00001370 with decent volume, that $0.00001599 target becomes very realistic.
What's Driving the Move
This isn't just chart magic - there's actual substance behind SHIB's recent strength. The Shibarium Layer-2 network keeps getting better, token burns are still happening, and the community remains as engaged as ever. These fundamentals are giving bulls something real to hang their hats on.