$SHIB /USDT – BEARISH RETEST NEAR $0.00001210 AFTER SHARP DROP
$SHIB /USDT is currently trading at $0.00001184, down 5.58% in the last 24h after rejecting from the $0.00001257 high. The 1H chart shows a clear lower high forming near $0.00001210, and volume remains weak on bounce attempts — indicating bearish pressure persists.
If price fails to reclaim the $0.00001200 level, a continuation toward the recent low is likely.
Short Trade Setup:
• Entry: 0.00001184 – 0.00001200
• Take Profit 1: 0.00001150
• Take Profit 2: 0.00001120
• Stop Loss: 0.00001225
Bears remain in control unless bulls flip $0.00001230 with strength. Ideal zone for intraday short scalps.
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