$SHIB /USDT Short Trade Setup
SHIB has broken multiple short-term supports on the 15-minute chart and continues to post lower highs. The recent rejection near 0.00001260 has confirmed downward continuation with weak recovery candles.
Entry Price: 0.00001240
Target 1: 0.00001220
Target 2: 0.00001200
Target 3: 0.00001170
Stop Loss: 0.00001265
To manage your risk effectively, always base your position size on your account size and stop distance. Avoid emotional trading in meme coins—moves can be sharp and unpredictable. Set alerts at major support levels and stick to your plan. Sharp spikes are traps; trade only after breakdown confirmations.
Pro Tip for followers: If SHIB closes below 0.00001230 with increasing volume on the 15-min chart, consider this a strong continuation signal for short trades.
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