🔥 $SHIB
/USDT: Shiba Coiling for a Bark Back?💯📈
$SHIB retraced off its local high of 0.00001297, testing key support near 0.00001189. Despite the dip, volume stays healthy at nearly $36M, signaling interest still simmers under the surface.
Entry
Buy range: 0.00001210 – 0.00001225
Accumulation seen above 0.00001200 with wicks rejecting lower moves.
Targets
🎯 Target 1: 0.00001275 – test of 24h high
🎯 Target 2: 0.00001330 – recent rejection zone
🎯 Target 3: 0.00001410 – extension if meme momentum resurfaces
Stop Loss
Below 0.00001180 – if lost, bearish continuation risk grows
Key Levels
Support: 0.00001190, 0.00001120
Resistance: 0.00001275, 0.00001330
Pivot: 0.00001230 — needs a daily close above here to turn sentiment bullish again
Pro Tip
Track meme sector rotation with FLOKI and PEPE. If they bounce with strength, SHIB tends to follow due to shared retail flow. Use trailing stop above Target 2 to capture any explosive candle.
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