🔑 Level Support & Resistance

Main Support:

~$0.00001100–$0.00001120 — short & medium-term support area

If it drops below this band, potential pressure could cause the price to touch the range of $0.00001020–$0.00000950.

Important Resistance:

~20-EMA ($0.00001174) and ~50-EMA ($0.00001246) – if broken, it could open the way to higher levels.

Zone $0.00001175–$0.00001185–$0.00001200 is a short-term resistance (descending triangle breakout target).

Stronger resistance at $0.00001250–$0.00001330, if breakout in this area, potential rally could be significant up to $0.00001330–$0.00001430.

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⚙️ Entry Strategy

1. **Conservative entry (low risk)**

Wait for the price to approach $0.00001100–$0.00001120, with confirmation of a rebound (bullish candlestick or support volume) as an entry signal.

Set stop loss slightly below support, for example at $0.00001090.

2. **Aggressive entry (trend-following)**

Wait for a breakout and retest at $0.00001175–$0.00001200. If it breaks with volume and technical confirmation, you can enter—target: $0.00001246 (50-EMA), continuing to $0.00001330 if the momentum is strong.

3. **Breakout high-risk (scalp/short-term)**

Enter above resistance $0.00001250+, with the first target at $0.00001330, then continuing to $0.00001480 if it breaks 100-EMA & 200-EMA.

📈 Sentiment & Indicators

The short-term trend is still bearish (Supertrend sell), but there is bullish sentiment from Fear & Greed (sentiment “Greed” around 64–66).

Whales are starting to accumulate—10.4 trillion SHIB were bought during a 17% rebound from $0.00001005, forming potential structural support and a descending triangle pattern with resistance at ~$0.00001175.

EMA compression + support pressure could trigger a breakout—but be careful of false breakouts.