$SHIB Testing Key Support – Bounce or Breakdown?
$SHIB is currently trading at 0.00001428, struggling near critical support after a steady decline. Buyers are trying to defend, but momentum remains weak unless a strong recovery kicks in.
Key Levels to Watch:
Resistance Zone:
• 0.00001460 – 0.00001480
A move above this zone could spark a quick bounce toward the 0.00001500 region.
Support Zone:
• 0.00001420 – 0.00001380
Losing this support could invite heavier selling pressure
Trade Setup – Watch Closely:
Bullish Scenario:
Entry on breakout above 0.00001460
• TP1: 0.00001480
• TP2: 0.00001520
• Stop-Loss: Below 0.00001420
Bearish Scenario:
Entry on breakdown below 0.00001420
• TP1: 0.00001380
• TP2: 0.00001350
• Stop-Loss: Above 0.00001460
Volume has dried up slightly—meaning any breakout or breakdown could be sharp. Stick to tight risk management.