$SHIB /USDT BEARISH PRESSURE REMAINS – MINOR RELIEF BOUNCE LIKELY TO FADE

$SHIB/USDT is currently experiencing a minor bounce after a steep decline, but the overall trend on the 15-minute timeframe remains bearish. Price is struggling below the 0.00001200 zone, which previously acted as support and is now expected to act as resistance. Without strong volume or breakout above this level, the rally looks weak and likely to reverse.

Trade Setup:

Short Entry: 0.00001185 – 0.00001200

Take Profit Targets: 0.00001150 / 0.00001120 / 0.00001080

Stop Loss: 0.00001225

Market Outlook:

Unless bulls reclaim the 0.00001200 zone with convincing strength, $SHIB/USDT is expected to continue trending lower. Caution is advised on longs until a breakout or higher low is confirmed.

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