Shiba Inu price analysis (Neutral) — 0.00 USDT (-0.50% 24h)

SHIB/USDT is consolidating near critical moving averages after a significant 24-hour decline of nearly 0.5%. The current price of $0.00000797 sits just above the 20-day SMA ($0.000007958) but below the 50-day SMA ($0.000008167), indicating a potential inflection point. The RSI reading of 57.78 suggests momentum is neutral-to-slightly bullish, though not overbought. Notably, trading volume remains substantial at over $9.5 million, suggesting continued institutional or whale interest despite the price dip. The elevated volatility reading of 3.56% underscores the asset’s characteristic price swings. For traders, the key level to watch is the 20-day SMA support. A sustained break below could target lower support zones, while a reclaim of the 50-day SMA could signal renewed bullish momentum. Given the mixed signals, a cautious approach with tight stop-losses is advised until a clearer directional bias emerges. Accumulation near current levels may appeal to longer-term holders betting on a meme coin resurgence.