$SHIB $SHIB

Is SHIB/USDT in the danger zone?

The price of #SHIB is $0.00001305, and we have seen a bearish movement of -4.67% today.

The highest price in the last 24 hours reached $0.00001378, and the lowest price hit $0.00001279, and now the price is approaching a critical support level.

If the one-hour candle closes above $0.00001320, a bullish reversal setup may occur where short-term targets could be $0.00001360 and $0.00001390.

However, if the one-hour candle closes below $0.00001275, the breakdown will be confirmed, and the next potential drop zone could rise to $0.00001230 and even $0.00001180.

The volume is also significant, with 1.45 trillion SHIB shares traded!

Professional Advice:

Spot traders are waiting for the breakout candle, and a safe buy in the $0.00001230 zone.

Futures traders are setting a short sell plan at $0.00001275 only after the candle closes for a safe entry.

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