SHIB didn't paint a great picture as it lost out on all its progress of 2023. However. on-chain metrics could offer SHIB bulls hope, as buyers look to reverse recent losses.
![Shiba Inu [SHIB]: Bulls can look to rally from this key support level](https://images.cryptocompare.com/news/default/ambcrypto.png "Shiba Inu [SHIB]: Bulls can look to rally from this key support level")
