SHIB price was highly bullish during the start of 2023, as price started to rise from the low of $0.000008 and created high at $0.00001575. Since then, the price has not been able to gain stability. The high triggered a drop and price melted down to $0.00000985. The cryptocurrency price did enter into an uptrend and gained bullish momentum, but the move was discontinued at $0.00001165. Bears entered into the market and broke the uptrend