$SHIB /USDT – CONSOLIDATION BETWEEN 0.00001211 AND 0.00001248

Shiba Inu attempted to break higher at 0.00001248, but strong selling pressure dragged price down to 0.00001211, where buyers managed to defend support. Currently trading around 0.00001232, $SHIB is stuck in a narrow range, showing signs of consolidation as bulls and bears battle for control.

The range between 0.00001210 – 0.00001250 is now the key zone to watch. A breakout above 0.00001250 could trigger bullish continuation, while a breakdown below 0.00001210 risks opening the door to deeper downside. Until then, SHIB remains in a sideways consolidation phase, favoring range trading strategies.

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