$SHIB Hovers on Thin Ice – Bounce Coming or Final Breakdown?
SHIB/USDT is teetering at $0.00001329 after a relentless downtrend, losing support step-by-step. Price is pressing on the day’s low with sellers still active. However, the oversold zone could attract bargain hunters — but only if buyers step in soon.
Key Levels to Watch
• Resistance Zones:
• 0.00001340 – First barrier
• 0.00001350 – Mid-supply zone
• 0.00001365 – Breakout confirmation
• Support Zones:
• 0.00001308 – Daily low
• 0.00001280 – Previous support base
• 0.00001250 – Deep retracement zone
Trade Setup
Bullish Scenario:
• Entry: Above 0.00001340
• Target 1: 0.00001350
• Target 2: 0.00001365
• Stop Loss: Below 0.00001308
Bearish Scenario:
• Entry: Below 0.00001308
• Target 1: 0.00001280
• Target 2: 0.00001250
• Stop Loss: Above 0.00001340
SHIB is at a crucial edge. A breakdown could accelerate losses, but reclaiming 0.00001340 might spark a short squeeze. Volume is massive, and the next breakout — up or down — could be violent. Stay sharp.