$SHIB – Momentum fading after rejection from recent highs



Trade Setup: Short $SHIB

• Entry Zone: 0.00000605 – 0.00000615

• Target 1: 0.00000595
• Target 2: 0.00000585
• Target 3: 0.00000578

• Stop Loss: 0.00000622

Price surged into the 0.00000618 area but faced a sharp rejection, and is now struggling to maintain position above the short-term moving averages. Recovery attempts remain unconvincing with lower highs forming on the 1H chart, pointing to early signs of exhaustion. If price continues to stay below 0.00000615, sellers are likely to drive it back toward the previous base range.

Just click trade here 👇 ‌
SHIB-1.72%
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