Coin Name : #SHIBUSDT
Signal Type : Short
As we can see in the $SHIB coin chart the price is trading within a well defined downtrend channel making lower highs and lower lows. the price respecting the channels resistance and support . the recent upward move touched the channels boundary but failed to breakout. RSI is bullish a short term bounce could possible but trends remains bearish. MACD to bearish weak momentum for a breakout.
Markets naturally gravitate toward high-liquidity zones, where significant liquidations occur. Institutional players often drive prices into these areas to capture orders before making their next strategic move.
Liquidity heatmap
Trade Setup :
Entry - 0.00001291
Tp 1 - 0.00001172
Tp 2 - 0.00001088
SL - 0.00001521
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