Shiba Inus currency price (SHIBUSDT) edged higher in latest intraday trading, amid ongoing negative pressure due to trading below the 50-day SMA, and with the dominance of the downward correctional trend in the short term, coupled with negative signals from the Stochastic after reaching overbought levels.

Therefore we expect the price to decline and target the pivotal support of $0.00001225, provided it settles firmly below $0.00001308.

Todays price forecast: Bearish