$SHIB STRUGGLING AT RESISTANCE – WILL THE PACK PUSH THROUGH $0.00001584?
$SHIB is trading at 0.00001578, holding steady after bouncing off the $0.00001573 support zone. Despite a -5.17% drop on the day, volume remains active at 48.28B, and price is consolidating just under a short-term resistance band.
Key Technical Zones:
• Resistance: $0.00001584 – A breakout above this level could trigger meme-driven momentum.
• Support: $0.00001560 – Holding this level is crucial to avoid deeper retracement.
Trade Setup – Decision Time Nears
Bullish Breakout Setup:
• Entry Zone: Above $0.00001584
• TP1: $0.00001630
• TP2: $0.00001673
Bearish Breakdown Setup:
• Entry Zone: Below $0.00001560
• TP1: $0.00001520
• TP2: $0.00001479
Stop-Loss:
• For Longs: Below $0.00001565
• For Shorts: Above $0.00001588
$SHIB is coiling up—if bulls can flip $0.00001584 into support, it could lead to a quick surge. Watch closely for volume confirmation!
