$SHIB / USDT – Experiencing a Slight Pullback! 🤔
$SHIB is currently trading at 0.00001369, down -4.47% today. Looking at the 4-hour chart, we're seeing a bit of a retracement after testing the 24-hour high of 0.00001439. Is this a temporary dip or a sign of further correction for the popular meme coin?
Potential Scenarios:
* Finding Support: $SHIB might find support around the current levels or the 24-hour low of 0.00001363 and potentially bounce back upwards.
* Further Downside: If the selling pressure continues and it breaks below the 0.00001360 support, we could see a deeper retracement.
Key Levels to Watch:
* Current Price: 0.00001369
* Recent High (Potential Resistance): 0.00001439
* Recent Low (Potential Support): 0.00001363
Keep an eye on how SHIB reacts at these key levels. Remember to conduct your own thorough analysis before making any trading decisions. Wishing everyone a mindful Sunday afternoon from Multan!
