$SHIB STUCK IN A RANGE – BREAKOUT OR BREAKDOWN AHEAD?
$SHIB/USDT is trading at 0.00001418, down -5.84% today. Price is consolidating tightly after rejecting near 0.00001430, while support at 0.00001406 holds for now.
Key Levels
• Resistance: 0.00001430 – Breakout may target 0.00001450 and 0.00001485
• Support: 0.00001406 – Breakdown risks 0.00001380 and 0.00001350
Trade Setup
Bullish
• Entry: Above 0.00001430
• TP1: 0.00001450
• TP2: 0.00001485
• SL: Below 0.00001406
Bearish
• Entry: Below 0.00001406
• TP1: 0.00001380
• TP2: 0.00001350
• SL: Above 0.00001430
Sideways pressure remains dominant—wait for confirmation outside this tight range to avoid chop.