$SHIB /USDT – BEARISH MOVE INCOMING?

SHIBA INU is showing signs of bearish pressure as price stalls below key resistance. With the current price at $0.00001316, bears might be preparing for another leg down. Let’s break down the levels and potential trade setup

KEY LEVELS:

Resistance

$0.00001380 (Major Supply Zone)

$0.00001360 (Recent rejection area)

Support :

$0.00001300 (Short-term support)

$0.00001260 (Major demand zone & potential bounce area)

Current Price: $0.00001316

TRADE SETUP (SHORT ENTRY):

Entry: Below $0.00001310

Take Profit (TP):

TP1: $0.00001300

TP2: $0.00001275

TP3: $0.00001260

Stop Loss (SL): Above $0.00001360

Bias: Bearish unless we break and close above $0.00001380 with volume.

RISK MANAGEMENT: Only risk 1-2% of your capital per trade. Always wait for confirmation (e.g., bearish candle close below support) before entering. Stay disciplined and never chase the trade!

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