$SHIB USDT – BEARISH SIGNAL AFTER DOUBLE-TOP NEAR RESISTANCE

REJECTION AT $0.00001198

VOLUME DECLINE AND CANDLE WEAKNESS SIGNAL SELLING PRESSURE

$SHIBA INU failed to break above the $0.00001198 resistance, forming a potential double-top on the 4H chart. Despite bullish attempts, price is struggling to sustain above $0.00001190, and a red candle is now printing near the highs—indicating exhaustion.

Trade Setup:

Short Entry: $0.00001192 – $0.00001195

Targets (TP): $0.00001174 / $0.00001161

Stop Loss (SL): $0.00001203

Outlook:

If SHIB fails to reclaim $0.00001200 quickly, bears may take control for a short-term retracement. Watch for further downside confirmation on volume expansion.

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