Shiba Inu price analysis (Bullish) — 0.00 USDT (+0.38% 24h)

SHIBUSDT is currently trading at $0.00001306, showing a strong 38.4% gain over the past 24 hours with elevated volume of $19.36M. The RSI at 53.84 indicates neutral momentum with slight bullish bias, while price sits just below the 20-day SMA ($0.0000130745) but above the 50-day SMA ($0.0000129876), suggesting potential consolidation near short-term resistance. The 2.18% volatility reading reflects typical meme coin behavior. Given the substantial volume surge and positive price action, I’d recommend watching for a break above the 20-day SMA with sustained volume for long entries. Short-term traders might consider taking partial profits here given the extended daily move, while swing traders should monitor for support holds above $0.00001298. Risk management remains crucial with stop-losses below key support levels.