Shiba Inu price analysis (Neutral) — 0.00 USDT (-5.42% 24h)

SHIB/USDT is showing signs of consolidation after recent selling pressure, currently trading at $0.00000925 with a 5.4% decline over the past 24 hours. The meme token finds itself in a technical tug-of-war, trading below both its 20-day SMA ($0.00000934) and 50-day SMA ($0.00000956), indicating near-term bearish momentum. However, the RSI reading of 44 suggests the asset is approaching oversold territory, potentially setting up for a relief rally. Volume remains healthy at $12.3 million, indicating continued trader interest despite the price decline. The 4.2% volatility reading shows SHIB maintaining its characteristic price swings, though moderated from recent extremes. Traders should watch for a break above the 20-day SMA as a potential bullish signal, while a failure to hold current levels could see a test of stronger support zones. Given the technical setup, cautious accumulation on dips with tight stop-losses appears prudent for risk-tolerant traders.