$SHIB /USDT – BULL TRAP IN PLAY?
SHARP SPIKE INTO RESISTANCE
REJECTION FROM 0.00001191 LEVEL
$SHIB surged from the $0.00001004 bottom but faced immediate rejection at local resistance. Long upper wick signals buyer exhaustion and possible short-term pullback.
🔴 SHORT TRADE SETUP
Entry Zone: 0.00001165 – 0.00001180
Take Profit: 0.00001110 / 0.00001055
Stop Loss: 0.00001195
Market Outlook:
Momentum fading after parabolic push. If price closes below 0.00001150, expect bearish continuation.