$SHIB AT CRITICAL LEVEL – BREAKOUT OR BREAKDOWN AHEAD?
$SHIB is trading at 0.00001302, down -1.66% on the day. Price is hovering near a major support level after a failed attempt to break above the 0.00001330 resistance. The market’s coiling for its next move—and it could be sharp.
Key Levels to Watch:
• Resistance Zone: 0.00001320 – 0.00001330
A breakout above this could spark a move toward 0.00001350 and 0.00001380.
• Support Zone: 0.00001284 – 0.00001300
If this zone fails, $SHIB could drop to 0.00001250 or even lower.
Trade Setup – Get Ready for Volatility:
Bullish Scenario:
Break above 0.00001320 could trigger upside toward:
• TP1: 0.00001350
• TP2: 0.00001380
Bearish Scenario:
Break below 0.00001284 may lead to:
• TP1: 0.00001250
• TP2: 0.00001220
Stop-Loss:
• Longs: Below 0.00001284
• Shorts: Above 0.00001330
A volume-backed breakout from this tight range will decide the next direction—stay sharp!