$SHIB /USDT SHORT TRADE SIGNAL🔴
REJECTION FROM SUPPLY ZONE NEAR 0.00001175
BEARISH CANDLE FORMATION BELOW LOCAL RESISTANCE
RANGE HIGH FAILS TO HOLD — DOWNSIDE EXPECTED 🔻
SHIB failed to break through the 0.00001172–0.00001175 resistance zone and is now showing signs of rejection with a bearish engulfing candle forming. Price is back below 0.00001165 support, opening the door for a short-term decline toward range lows.
TRADE SETUP
• Entry Point: 0.00001166 – 0.00001169
• Stop Loss: 0.00001175
• Take Profit:
◦ TP1: 0.00001159
◦ TP2: 0.00001150
◦ TP3: 0.00001145
• Margin: 2–3% of wallet
• Leverage: 10x
📉 Market Outlook:
SHIB continues to struggle at key resistance and is stuck in a tight range. As long as bulls fail to reclaim 0.00001175, lower levels remain in play.
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