๐พ $SHIB /USDT BEARISH CONSOLIDATION โ CAUTION ADVISED! โ ๏ธ
๐ Technical Overview:
$SHIB/USDT is currently trading at $0.00001249 (-2.42%), showing signs of exhaustion after a recent run. Price action is stuck below resistance with decreasing momentum, suggesting potential downside pressure ahead.
๐ผ Resistance: $0.00001290 โ $0.00001300
๐ก๏ธ Support: $0.00001200 โ $0.00001185
๐ฐ Current Price: $0.00001249
๐ Short Trade Setup:
Entry: $0.00001250 โ $0.00001260
Target 1 (TP1): $0.00001210
Target 2 (TP2): $0.00001190
Stop Loss (SL): $0.00001295
โ ๏ธ Risk Management:
Stick to 1โ2% capital risk, and donโt chase trades. Set clear SLs and TPs. Secure profits on first target and trail stop for safety. ๐๐
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