$SHIB at Support – Will the Meme Power Rebound?
$SHIB is currently trading around 0.00001176, down -2.49% on the day. After a short-term recovery attempt, the price has slipped again, testing the support near 0.00001170. If buyers step in here, we could see a bounce toward the resistance zone at 0.00001207 – 0.00001227. However, a breakdown below 0.00001160 may open the door to further downside. Watch for volume confirmation to catch the next move.
Trade Setup (Bounce Play):
• Entry: 0.00001165 – 0.00001175
• Stop Loss: Below 0.00001155
• Target 1: 0.00001207
• Target 2: 0.00001227