Just been watching SHIB price action and man, the bears are really in control right now. The shiba inu coin price has been struggling to hold gains—every time it tries to bounce, sellers come back in. Currently trading around the lower support zone with futures volume way heavier than spot, which tells you where the real positioning is.

What's interesting is the funding rates have been consistently negative, meaning short traders are actually paying to hold their positions. That's usually a sign people are betting hard on further downside for the shiba inu coin price. The momentum indicators aren't helping either—Aroon Oscillator is deeply negative and the Awesome Oscillator is still below zero with those red bars showing ongoing selling pressure.

Looking at the bigger picture, SHIB's down double digits over the last month. Unless we see some decisive move back above resistance, the path of least resistance still looks down. The shiba inu coin price needs to prove buyers are actually stepping in, but right now it's just looking like another failed rally attempt.