$SHIB Building Up for a Break or Running Out of Steam?
SHIB is currently trading at $0.00001241,
up +2.31%, as it continues a steady climb following a recovery from recent dips. The price has just touched a key resistance zone—now, the critical question is whether it will break out or pull back.
Key Levels to Watch
Resistance Zone:
- $0.00001244 – $0.00001250 – A decisive breakout above this range could push SHIB toward:
- Target 1: $0.00001265
- Target 2: $0.00001280
Support Zone:
- $0.00001220– Holding above this level keeps bullish momentum alive. A drop below could lead to:
- Target 1: $0.00001200
- Target 2: $0.00001180
Trade Setup – Momentum or Stall?
Bullish Scenario:
- Entry: Break and hold above $0.00001244
- Targets:
- $0.00001265
- $0.00001280
- Stop-Loss: Below $0.00001220
Bearish Scenario:
- Entry:
Breakdown below $0.00001220
- Targets:
- $0.00001200
- $0.00001180
- Stop-Loss: Above $0.00001240
