$SHIB /USDT shows signs of a potential reversal - wait for confirmation!
$SHIB is currently battling resistance near the level of 0.00001560 after a sharp rebound from recent lows. The price has printed a strong green wave on the 15-minute chart but is now facing rejection wicks, indicating uncertainty.
Trade Setup (wait for confirmation):
Bullish Entry: above 0.00001565 (confirmed breakout)
Take Profit (TP): 0.00001590 / 0.00001620
Stop Loss (SL): 0.00001525
Market Outlook:
SHIB is attempting to recover and is testing a key resistance. If the bulls can break above 0.00001560 with strong volume, it may confirm a short-term rise. Otherwise, we may see another pullback before a stronger move.
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