$SHIB Bounce Back Trade Setup – Rejection Zone Retest In Play

$SHIB has shown signs of recovery after a sharp drop, currently trading at 0.00001219. Price is approaching a previous support-turned-resistance zone near 0.00001227. A successful breakout and close above this level could confirm bullish momentum toward 0.00001259. However, if price gets rejected again, it may retest the lower demand zone. Traders should watch closely for confirmation before entry.

Trade Setup:

Entry: 0.00001219 – 0.00001222

Target: 0.00001259

Stop Loss: 0.00001198

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