$SHIB Bounce Incoming or Deeper Dump?
SHIB is under pressure after rejecting near the $0.00001169 resistance zone. Sellers have stepped in aggressively, pushing price below the mid-range. Bulls must defend key support to avoid further downside.
Key Levels to Watch
Resistance: $0.00001169 – A breakout above this could spark a move toward:
TP1: $0.00001175
TP2: $0.00001180
Support: $0.00001160 – A drop below this may trigger a slide to:
TP1: $0.00001150
TP2: $0.00001142
Trade Setup – High Volume, High Risk
Bullish Entry: If price reclaims $0.00001169 with volume support
Bearish Entry: Confirmed break below $0.00001160
Stop-Loss: Use close stops, as SHIB often moves fast in both directions.
Volume: Spiking (11.55B) – strong moves expected. Stay sharp and watch for confirmation!