Shiba Inu is trading at $0.00001257 with a slight 0.19% gain, but the overall trend remains bearish.The price is struggling below the 9-period DEMA and nearing the lower Bollinger Band, signaling continued downside risk.Support ranges between $0.00001209 and $0.00001109, while resistance near $0.00001311 continues to reject upward moves.A breakout from the current consolidation range could determine SHIB’s next major direction.