Shiba Inus currency price (SHIBUSDT) edged lower in the intraday levels, while trying to gather positive momentum to rebound, while leaning on the support of the 50-day SMA, as it trades alongside the upward correctional short-term trend line, with positive signals from the RSI after reaching oversold levels.

Therefore we expect more gains for the price, targeting the pivotal resistance of $0.00002017, provided the support of $0.00001612 holds on.