$SHIB
– CONSOLIDATION OR BREAKDOWN BREWING?
BOUNCED FROM $0.00001173 LOW
CURRENTLY STRUGGLING NEAR $0.00001219 RESISTANCE
$SHIB attempted a recovery after dipping to $0.00001173 but failed to reclaim key resistance at $0.00001226. Price remains in a tight range with indecision across candles. A clean break above $0.00001245 is needed to trigger bullish momentum. Failure to hold $0.00001200 may open the door for further downside.
Trade Setup (Range Strategy):
Long above $0.00001245
SL: $0.00001200
TP1: $0.00001265
TP2: $0.00001285
OR
Short below $0.00001180
SL: $0.00001220
TP1: $0.00001150
TP2: $0.00001120
Volume remains low — caution is key.
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