$SHIB / USDT – Testing Resistance After Recent Gains🔥
$SHIB is currently trading at $0.00001662, showing a slight positive movement and testing the resistance level around the recent high of $0.00001663. A break above this level could signal further upward momentum.
Trade Setup (Breakout Watch):
Potential Resistance: $0.00001660 - $0.00001675
Potential Support: $0.00001630 - $0.00001645
Bullish Scenario:
Entry (Long): Break above $0.00001675 with volume confirmation
Target 1: $0.00001700
Target 2: $0.00001730
Stop Loss (Long): Below $0.00001630
Bearish Scenario:
Entry (Short): Break below $0.00001630 with volume confirmation
Target 1: $0.00001600
Target 2: $0.00001570
Stop Loss (Short): Above $0.00001665
SHIB appears to be at a critical juncture. Watching for a decisive break above resistance or below support, accompanied by increased volume, will provide more clarity on the next potential direction.
#SHIBUSDT #CryptoTrading #ResistanceTest #BinanceChart #MemeCoinArmy