Shiba Inu Trades Steadily Near $0.0578 as Range Conditions Persist

• SHIB was trading in a tight range at a support level of more than $0.057694, and short-term volatility was contained.

• The 1.5% versus BTC and 2.7% gains took place in the absence of a dollar resistance breakout.

• Price was retained close to $0.057993, which strengthened distinct intraday supports.

Shiba Inu has traded at a small profit in the last session because the movement has been closely controlled. SHIB was trading at $0.057776 in the period leading to the reporting with a 0.2 per cent gain in the last 24 hours. The volatility was restrained as price remained in a tight intraday range. It is worth noting that the market activity was focused on technical positioning instead of increased participation. The support was at $0.057694 and the resistance limited gains at $0.057993. This framework helped to frame the session and give the context to larger observations in terms of price behavior and trading pairs.

SHIB Holds Upper Range After Breakout as Relative Strength Improves Across Pairs

Price movement followed a breakout from a long-developing compression pattern visible on higher timeframes. The breakout aligned with previously identified bullish divergences, which preceded the current stabilization phase. However, SHIB did not push beyond the stated resistance level during the session. Instead, price hovered near the upper portion of the 24-hour range. This behavior highlighted controlled follow-through rather than rapid expansion. As a result, market participants focused on whether price could sustain levels above short-term support while respecting the defined ceiling.

In addition to the dollar-based growth, SHIB also gained in comparison with the major cryptocurrencies. The token was listed at 0.0108808 BTC which is an increase of 1.5%. SHIB was meanwhile trading at 0.082665 ETH, which was an increase of 2.7%. This deviation indicated distribution changes in the crypto pairs and not an increase in the spot demand. As a result, comparative strength to BTC and ETH provided additional background without changing the established dollar range.

Range Behavior Guides Near-Term Market Focus

SHIB Approaches Resistance Following Bullish Divergences While Maintaining Strong Support

The price breakout followed a series of bullish divergences, confirming prior technical patterns. Price increased to the high range of price of 0.057694-0.057993 range but failed decisively to penetrate the resistance. It is worth noting that this breakout would mark a forecasted shift to the $0.000032 divergence mark indicating a prospective 246 percent increase.

Price breakout has followed the Bullish Divergences in $SHIB!

An over 246% run to the $0.000032 divergence targeted area can be getting initiated here with the price breakout and additional bull divergence…

( #ShibaInu ) pic.twitter.com/Liu7GvNrzO

— CRYPTO SHIB (@cryptoshibs) January 22, 2026

SHIB remained above support throughout the session, showing structured buying pressure. Gains concentrated near the resistance ceiling demonstrated measured activity, and market participants monitored whether the token could sustain levels above the lower support while respecting intraday limits.