$SHIB – Bears in Control, Watch for Breakdown or Bounce
SHIB is under strong selling pressure, dropping nearly 4% and breaking multiple support zones. The current price near 0.00001359 shows weak buyer defense, and a breakdown below 0.00001350 could lead to further declines. However, this area also marks a potential short-term bounce zone if volume picks up. Caution is advised as momentum favors sellers.
Trade Setup:
Entry (Short): Below 0.00001350
Stop Loss: Above 0.00001375
Target 1: 0.00001330
Target 2: 0.00001310
Target 3: 0.00001285