$SHIB saw a strong upward move earlier but faced clear resistance around 0.00001374, which acted as a supply zone. Since then, the price has entered a downward correction, now resting at a key support area near 0.00001251.
📉 The market is in a decision phase. A bounce from this support could trigger a short-term bullish move, but if it breaks below, further downside toward 0.00001150 could be on the table.
📊 Key Levels:
Resistance Zone: 0.00001374 – 0.00001400
Support Zone: 0.00001251 – 0.00001263
Critical Breakdown Level: Below 0.00001250
💡 Watch price action closely near support. A bullish reversal here could offer a good risk-reward setup.
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