$SHIB
/USDT – CONSOLIDATION IN RANGE, BREAKOUT IMMINENT!
$SHIB is trading around 0.00001287, showing sideways action between support at 0.00001263 and resistance at 0.00001306. Price is currently consolidating in a tight range with both bullish and bearish wicks, indicating indecision and buildup for a potential breakout move.
Market Outlook:
Support: 0.00001263
Resistance: 0.00001306
Next Breakout Confirmation: A candle close above 0.00001310 could trigger a bullish rally. A break below 0.00001260 could signal a bearish move.
Volatility remains low, so wait for a clean break before entering. Use tight stop-losses and manage position sizing to avoid fakeouts.
Pro Tip:
Trade the breakout, not the range — SHIB’s next directional move will likely be strong after this consolidation.
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