📉 $SHIB /USDT – Preparing for a Critical Bounce or Breakdown! 🚀⚡
SHIB is trading at $0.00001360, down -4.83% today, showing notable weakness after failing to hold above the $0.00001416 resistance zone. After a strong rally peaking at $0.00001524, selling pressure increased, pushing the price back to a key support area.
Currently, SHIB is hovering just above an important level. If buyers step in and reclaim momentum above $0.00001380, a quick push toward $0.00001416 and possibly $0.00001470 could be seen. However, a clean breakdown below $0.00001354 might invite further downside toward $0.00001293.
Trade Setup:
Entry Zone: $0.00001355 – $0.00001365
Target 1: $0.00001416
Target 2: $0.00001470
Final Target: $0.00001520
Stop Loss: $0.00001320
Pro Tip: Watch 1H close carefully; strong bullish candles above $0.00001380 will confirm the bounce potential.
Stay cautious with tight risk management as SHIB navigates a crucial decision zone!