$SHIB
🔥Shiba Inu (SHIB) Price Analysis: Bearish Trend Continues as Key Support Levels Come Into Play🔥
Shiba Inu (SHIB) is trading at $0.00001276 with a slight 0.70% gain, but the overall trend remains bearish.
Price is below all key moving averages, reinforcing downward pressure and strong resistance near $0.00001400.
A support zone is holding between $0.00001250 and $0.00001260, with potential downside toward $0.00001200 if broken.
RSI hovers near oversold at 34.30, while the MACD shows weakening bearish momentum but no clear reversal yet.
Shiba Inu (SHIB) is currently trading at $0.00001276, showing a modest 0.70% increase in the latest 4-hour session. Despite the minor uptick, the overall market trend remains bearish, with SHIB pulling back from recent highs near the $0.000017 mark.
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