$SHIB /USDT SHORT SETUP: MULTIPLE REJECTIONS NEAR LOCAL HIGH
$SHIB /USDT is struggling to break past the 0.00001179 resistance, forming a double-top-like structure on the 15-minute chart. Bearish momentum is building after repeated rejection candles near this level.
Short Trade Plan:
• Entry Zone: 0.00001175 – 0.00001178
• TP1: 0.00001163
• TP2: 0.00001150
• TP3: 0.00001135
• Stop Loss: 0.00001182
Volume divergence and repeated upper wicks signal buyer exhaustion. If price fails to hold above 0.00001175, it could trigger a clean intraday correction. Trade cautiously.
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