$SHIB Trading at $0.00001289 – Consolidating After Volatility, Seeking Direction
SHIB is currently trading at $0.00001289, consolidating after a recent period of volatility. The price is hovering between immediate support and resistance, and its next move will determine if it can regain upward momentum or if further downside is expected.
Key Levels:
Resistance: $0.00001289 (immediate, current price and recent high), $0.00001308 (24h High, stronger resistance)
Support: $0.00001263 (24h Low), $0.00001270 (implied, previous support)
Trade Setup - Anticipate Volatility!
Bullish Entry: A confirmed move above $0.00001289 could target:
Target 1: $0.00001308 (24h High)
Target 2: $0.00001320 (implied, based on extension)
Bearish Entry: A break below $0.00001270 could target:
Target 1: $0.00001263 (24h Low)
Target 2: $0.00001250 (implied, next support)
SHIB/USDT is at a pivotal point. A decisive break above $0.00001289 could signal further upside, while a sustained slip below $0.00001270 might lead to a deeper retracement.