$SHIB TECHNICAL ANALYSIS: BEARISH PRESSURE CONTINUES, $1 TARGET UNREALISTIC! 🚫📉

Current Price: $0.0000078

Key Levels:

🔻 Support: $0.0000075 — Critical support zone holding for now

🔻 Resistance: $0.0000085 — Strong sell pressure around this level

🔻 Major Resistance: $0.0000095 — Must break for any serious bullish momentum

Trade Setup:

Short Entry: Enter near $0.0000083-$0.0000085 after bearish reversal confirmation

Take Profit (TP):

TP1: $0.0000075 (support)

TP2: $0.0000070 (next support level)

Stop Loss (SL): $0.0000087 — Above resistance to limit losses

Risk Management:

⚠️ Risk 1-2% of capital per trade

⚠️ Use tight SL due to high volatility

⚠️ Take partial profits at TP1 to protect capital

💡 $SHIB to $1? Highly unlikely in the near term — trade smart, stay cautious! 🐕‍🦺⚠️$SHIB