🚀 $SHIB Breakout – Next Move?
🔹 Bullish Setup:
📈 Entry: 0.00001365 - 0.00001375 (Buy on dips)
🎯 TP1: 0.00001395
🎯 TP2: 0.00001420
🛑 SL: 0.00001350
✅ Confirmation: Holding above 0.00001370 with increasing volume
🔻 Bearish Setup:
📉 Entry: 0.00001378 - 0.00001380 (Short if rejection confirmed)
🎯 TP1: 0.00001360
🎯 TP2: 0.00001340
🛑 SL: 0.00001385
✅ Confirmation: Price struggles to break 0.00001380 with weak momentum
📌 Key Insights:
$SHIB is up +0.80%, testing a key resistance at 0.00001380.
RSI at 76, signaling an overbought zone—possible pullback incoming.
MACD shows weak momentum, suggesting potential consolidation or reversal.
📊 Trading Plan:
Bullish Bias: If price holds above 0.00001370, expect further upside.
Bearish Scenario: A rejection from 0.00001380 may trigger a correction.
Risk Management: Secure partial profits at TP1 and adjust SL accordingly.
📢 Your Turn!
Will $SHIB keep pumping or face resistance? Share your thoughts! 🚀📉🔄
DYOR 📌