📉 $SHIB Cooling Off or Prepping for a Bounce?
$SHIB is trading at 0.00001319, facing rejection near 0.00001440 and now hovering around the 0.00001300 support zone. The chart shows consolidation, with RSI and volume hinting at neutral-to-bearish pressure.
🔹 Trade Setup (Long):
• Entry Zone: 0.00001305 – 0.00001320
• TP1: 0.00001360
• TP2: 0.00001400
• Stop Loss: 0.00001280
📊 Market Insight:
Price action is range-bound. A hold above 0.00001300 could trigger a bounce, but a breakdown below 0.00001290 opens room toward 0.00001220. Watch BTC closely a strong Bitcoin could flip this setup bullish fast.