๐จ $SHIB Showing Weak Momentum โ Sell Pressure Building Up ๐๐ป
SHIB is struggling to hold above the key 0.00001280 support zone, with repeated rejection near 0.00001294 forming a local top. The current 15-minute chart structure is showing lower highs with increased wick rejections โ a typical sign of exhaustion in bullish momentum.
๐ป Trade Setup (Short): โข Entry Zone: 0.00001275 โ 0.00001285
โข TP1: 0.00001260
โข TP2: 0.00001240
โข TP3: 0.00001220
โข Stop Loss: 0.00001296