$SHIB Setting Up a Short Sale for $SHIB /USDT

The SHIB token has broken through several short-term support levels on the 15-minute chart, continuing to record lower highs. The recent rejection near 0.00001260 has confirmed the continuation of the decline with weak rebound candles.

Entry Price: 0.00001240

Target 1: 0.00001220

Target 2: 0.00001200

Target 3: 0.00001170

Stop Loss: 0.00001265

To effectively manage your risks, always ensure to determine your position size based on your account size and stop loss distance. Avoid emotional trading in meme coins – price movements can be sharp and unpredictable. Set alerts at key support levels and stick to your plan. Sharp spikes are traps; only trade after confirmations of breakdowns.

Professional Tip for Followers: If the SHIB token closes below 0.00001230 with increasing trading volume on the 15-minute chart, consider this a strong continuation signal for short positions.