Alright, $SHIB took a pretty heavy hit, no sugarcoating it.
We saw a significant drop, finding some temporary footing around the 0.00001140 mark.
Since then, it's been a slow grind up, trying to recover some of those losses.
We've seen a series of higher lows, which is a good sign, but the momentum isn't exactly screaming "moon mission."
Volume on these green candles is okay, but nothing to write home about.
Currently trading around 0.00001200.
We're looking at resistance coming in around 0.00001220-0.00001230.
If we can punch through that convincingly with some volume, we might see a move towards 0.00001250.
However, if we fail to break resistance and start seeing red candles pick up, that 0.00001180 area is our immediate support.
Break that, and we're likely retesting the lows.
It's a bit of a tricky spot, so stay cautious.
