$SHIB
SHIB has been consolidating after rejecting from 0.000017 zone. We are currently trading inside a range-bound accumulation zone, where whales are actively accumulating below 0.00001300.
Long Position (Scalping Idea)
Entry: 0.00001280 – 0.00001290
Take Profit: 0.00001320 – 0.00001350
Stop Loss: Below 0.00001270
🔻 Short Position (If resistance rejection occurs)
Entry: 0.00001340 – 0.00001360
TP: 0.00001290 – 0.00001260
SL: Above 0.00001380
Major Daily Support: 0.00001220 – 0.00001250
Major Daily Resistance: 0.00001360 – 0.00001420
Breakout Level (Macro): 0.00001480 (strong breakout will flip the trend bullish again)
HOURLY TIMEFRAME ANALYSIS (Short-Term Play)
Currently SHIB is testing key short-term support. Bulls need to defend 0.00001280 to prevent a breakdown.
Short-Term Support: 0.00001270 – 0.00001280
Immediate Resistance: 0.00001320 – 0.00001360
RSI: Neutral near 50 (could move both directions based on next candle close)