The latest #SHIB price is trading at $0.00002009, showing a slight decline of 1% in the past 24 hours. The meme coin has been consolidating near a key support level of $0.00002000, with limited price movement.
$SHIB
recently attempted a breakout but failed to sustain momentum above $0.000025. The price currently holds above the $0.00002 support, which has been tested multiple times.
A breakdown below this level could push the Shiba Inu price forecast toward the next major support level, $0.00001500. Conversely, a bounce from this support could lead to a retest of resistance levels at $0.00002500 and $0.00003000. The #RSI stands at 45.55, indicating that SHIB is neither overbought nor oversold.
Shiba Inu price remains at a critical juncture as whale accumulation and rising active addresses signal bullish potential. A sustained increase in investor participation could push SHIB toward key resistance levels.
