$SHIB Rejection from the resistance level – What’s next?

$SHIB shows signs of rejection around the resistance zone of 0.00001520 after a short-term recovery. The recent wick and drop indicate increasing pressure from sellers. If this resistance level cannot be broken, a pullback to 0.00001480 is likely. However, if the bulls regain momentum, a breakout above 0.00001520 could trigger a new upward trend.

Trading setup:

Entry: 0.00001500 – 0.00001510

Target 1: 0.00001540

Target 2: 0.00001580

Stop-loss: 0.00001475

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$SHIB

SHIB

0.00001518

-0.45%