š¾ $SHIB
/USDT ON THE EDGE ā CRUCIAL LEVEL HOLDING (1H)
Rangebound but bouncing ā meme bulls not giving up yet āļø
SHIB is currently trading at $0.00001158, down slightly -0.26%, but has shown resilience by defending the $0.00001142 support level. Price is attempting a minor recovery after a double-bottom pattern on the micro timeframe.
š Trade Scenario (Neutral to Bullish Bias):
⢠Support Zone: $0.00001140 ā $0.00001142
⢠Resistance: $0.00001171 ā $0.00001177
⢠Breakout Trigger: Above $0.00001165
⢠Breakdown Risk: Below $0.00001140
š¹ļø Setup favors scalpers until clear direction is established. Watch for volume spikes near resistance.
š Market Outlook:
⢠Price consolidating in a tight 35-point range
⢠Volume drying on red candles
⢠Needs breakout for meme momentum to return
Stay alert ā SHIB can surprise when least expected. š„
#SHIB #SwingTradingStrategy #XSuperApp #CryptoStocks #Write2Earn