🚨 $SHIB ALERT: Approaching Key Resistance – Breakout or Pullback? 🚨

Shiba Inu ($SHIB ) is trading at 0.00003089, down slightly by -1.28% but showing signs of recovery after testing the 24-hour high of 0.00003135. The token is now consolidating near a critical resistance level, signaling potential for its next major move. Let’s dive into the key technical levels and targets.

📊 Key Levels to Monitor

🔹 Resistance Zone: 0.00003135

SHIB faces immediate resistance at 0.00003135, its 24-hour high. A breakout above this level could confirm bullish momentum and trigger further gains.

🔹 Support Zone: 0.00003050

The 0.00003050 level serves as short-term support. Holding this zone is crucial to prevent a deeper retracement.

📈 3 Key Targets for $SHIB

1️⃣ First Target: 0.00003150

A breakout above 0.00003135 could push SHIB toward 0.00003150, representing the first resistance in its upward trajectory.

2️⃣ Second Target: 0.00003200

Sustained buying pressure could drive SHIB to 0.00003200, a key psychological and technical resistance level.

3️⃣ Third Target: 0.00003300

In an extended bullish scenario, SHIB could rally to 0.00003300, a level that aligns with higher timeframe resistance zones.

⚠️ Market Insight

With a 24-hour trading volume of 10.36T SHIB, the token is seeing strong market activity. However, traders should remain cautious as high volatility is expected around the 0.00003135 resistance. Watch for confirmation of a breakout or potential retracement to 0.00003050.

💬 What’s your strategy for $SHIB? Will it break past 0.00003200 or consolidate further? Share your thoughts below!

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