$SHIB /USDT BEARS STILL IN CONTROL – RECOVERY FAILS AT KEY MOVING AVERAGES

SHIB attempted a bounce from $0.00001201 but faced rejection near the 25MA at $0.00001241. Price remains capped below the 99MA at $0.00001279, signaling that bearish pressure is intact. Sellers are likely to dominate unless a strong breakout occurs.

🔹Trade Setup (Short Entry)

Entry Zone: 0.00001235 – 0.00001245

Take Profit 1: 0.00001215

Take Profit 2: 0.00001200

Stop Loss: 0.00001280

📊 Market Outlook:

SHIB remains in a bearish structure with downward-sloping moving averages. A breakdown below $0.00001200 could lead to further downside, while a close above $0.00001280 is required to turn the momentum bullish.

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